GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Maximus Resources Ltd (ASX:MXR) » Definitions » 6-Month Price Index

Maximus Resources (ASX:MXR) 6-Month Price Index : 0.70 (As of Jun. 06, 2024)


View and export this data going back to 2005. Start your Free Trial

What is Maximus Resources 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 (2024-06-06), Maximus Resources's 6-Month Price Index is 0.70.


Competitive Comparison of Maximus Resources's 6-Month Price Index

For the Other Precious Metals & Mining subindustry, Maximus Resources'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.


Maximus Resources  (ASX:MXR) 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.


Maximus Resources  (ASX:MXR) 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.


Maximus Resources 6-Month Price Index Related Terms

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


Maximus Resources (ASX:MXR) Business Description

Traded in Other Exchanges
N/A
Address
198 Greenhill Road, Suite 12, Eastwood, SA, AUS, 5063
Maximus Resources Ltd explores and develops natural resource properties in Australia. It explores for gold, copper, nickel, and platinum group element deposits. The company holds interests in the Spargoville project in the south of the regional mining center of Kalgoorlie; and Bird in Hand project in the east of the Adelaide Hills township of Woodside. The company's projects include Wattle Dam, Redback Prospect, Larkinville and Eagles Nest.

Maximus Resources (ASX:MXR) Headlines

No Headlines