GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Land and Homes Group Ltd (ASX:LHM) » Definitions » 6-Month Price Index

Land and Homes Group (ASX:LHM) 6-Month Price Index : 0.70 (As of Jun. 02, 2024)


View and export this data going back to 2004. Start your Free Trial

What is Land and Homes Group 6-Month Price Index?

6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago. It’s calculated by current share price divided by share price 6-months ago. As of today (2024-06-02), Land and Homes Group's 6-Month Price Index is 0.70.


Competitive Comparison of Land and Homes Group's 6-Month Price Index

For the Real Estate - Development subindustry, Land and Homes Group's 6-Month Price Index, along with its competitors' market caps and 6-Month Price Index data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Land and Homes Group  (ASX:LHM) 6-Month Price Index Calculation

6-Month Price Index is calculated as following:

6-Month Price Index=Current Share Price / Share Price 6-Months Ago

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Land and Homes Group  (ASX:LHM) 6-Month Price Index Explanation

Price Index (PI) also called momentum. Strategies involving Price Index are also known as momentum strategies as they allow investors to profit from a company’s stock price. 6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago.

The investment strategy for momentum investors is to buy winners and sell losers. That is, buy stocks that performed well and sell stocks that performed poorly in the past.


Land and Homes Group 6-Month Price Index Related Terms

Thank you for viewing the detailed overview of Land and Homes Group's 6-Month Price Index provided by GuruFocus.com. Please click on the following links to see related term pages.


Land and Homes Group (ASX:LHM) Business Description

Traded in Other Exchanges
N/A
Address
112 Barry Parade, Ground Floor, Fortitude Valley, QLD, AUS, 4006
Land and Homes Group Ltd is a property development company. The company is focused on the acquisition of prime sites for project development into residential, commercial and mixed-use apartments. It holds a diverse portfolio of high-yield properties and projects at various stages of development and construction. The company's operations have been established in Brisbane.

Land and Homes Group (ASX:LHM) Headlines

No Headlines