GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » GreenRoc Mining PLC (LSE:GROC) » Definitions » 6-Month Price Index

GreenRoc Mining (LSE:GROC) 6-Month Price Index : 0.61 (As of May. 20, 2024)


View and export this data going back to 2021. Start your Free Trial

What is GreenRoc Mining 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 (2024-05-20), GreenRoc Mining's 6-Month Price Index is 0.61.


Competitive Comparison of GreenRoc Mining's 6-Month Price Index

For the Other Industrial Metals & Mining subindustry, GreenRoc Mining'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.


GreenRoc Mining  (LSE:GROC) 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.


GreenRoc Mining  (LSE:GROC) 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.


GreenRoc Mining 6-Month Price Index Related Terms

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


GreenRoc Mining (LSE:GROC) Business Description

Traded in Other Exchanges
Address
60 Gracechurch Street, 6th Floor, London, GBR, EC3V 0HR
GreenRoc Mining PLC operates principally as a holding company. Its activity includes activity is the exploration of and development of natural resources. Its projects include Thule Black Sands Ilmenite Project, the Amitsoq Graphite Project, the Melville Bay Iron Project, and the Inglefield Multi-Element Project which is located in Greenland.

GreenRoc Mining (LSE:GROC) Headlines

No Headlines