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CME Group (FRA:MX4A) 6-Month Price Index : 0.96 (As of Apr. 29, 2024)


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What is CME 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 (2024-04-29), CME Group's 6-Month Price Index is 0.96.

Competitive Comparison of CME Group's 6-Month Price Index

For the Financial Data & Stock Exchanges subindustry, CME 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.

CME Group  (FRA:MX4A) 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.

CME Group  (FRA:MX4A) 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.

CME Group 6-Month Price Index Related Terms

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

CME Group (FRA:MX4A) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » CME Group Inc (FRA:MX4A) » Definitions » 6-Month Price Index
Comparable Companies
ICE MCO COIN MSCI NDAQ SPGI CBOE FDS MORN DNB LSE:LSEG HKSE:00388 XTER:DB1 SZSE:300059 TSE:8697 BSP:B3SA3 XPAR:ENX ASX:ASX TSX:X SGX:S68
Traded in Other Exchanges
CME:USA CME:Mexico CHME34:Brazil
Address
20 South Wacker Drive, Chicago, IL, USA, 60606
Website
https://www.cmegroup.com
Based in Chicago, CME Group operates exchanges giving investors, suppliers, and businesses the ability to trade futures and derivatives based on interest rates, equity indexes, foreign currencies, energy, metals, and commodities. The CME was founded in 1898 and in 2002 completed its initial public offering. Since then, CME Group has consolidated parts of the industry by merging with crosstown rival, CBOT Holdings in 2007 before acquiring Nymex Holdings in 2008 and NEX in 2018. In addition, the company has a 27% stake in S&P Dow Jones Indices, making the Chicago Mercantile Exchange the exclusive venue to trade and clear S&P futures contracts. Through CME's acquisition of NEX in 2018 it has also expanded into cash foreign exchange, fixed income trading, and collateral optimization.

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