MyState (ASX:MYS) 6-Month Price Index : 1.14 (As of May. 15, 2024)

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What is MyState 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 (2024-05-15), MyState's 6-Month Price Index is 1.14.

Competitive Comparison of MyState's 6-Month Price Index

For the Banks - Regional subindustry, MyState'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.

MyState (ASX:MYS) 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.

MyState (ASX:MYS) 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.

MyState 6-Month Price Index Related Terms

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

MyState (ASX:MYS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » MyState Ltd (ASX:MYS) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

N/A

Address

137 Harrington Street, Level 2, Hobart, TAS, AUS, 7000

Website

https://www.mystatelimited.com.au

MyState Limited is a Tasmania-based financial company that provides banking, trustee, and funds management services. The company generates the vast majority of its profit from its banking business, which provides a range of financial services including home and personal loans, credit and debit cards, and other financial products. Home loans account for the vast majority of its loan book. The funds management segment provides trustee and funds management services through the subsidiary TPT Wealth.

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