GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Australian Foundation Investment Co Ltd (ASX:AFI) » Definitions » 6-Month Price Index

Australian Foundation Investment Co (ASX:AFI) 6-Month Price Index : 0.98 (As of Mar. 14, 2025)


View and export this data going back to 1962. Start your Free Trial

What is Australian Foundation Investment Co 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 (2025-03-14), Australian Foundation Investment Co's 6-Month Price Index is 0.98.


Competitive Comparison of Australian Foundation Investment Co's 6-Month Price Index

For the Asset Management subindustry, Australian Foundation Investment Co'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.


Australian Foundation Investment Co  (ASX:AFI) 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.


Australian Foundation Investment Co  (ASX:AFI) 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.


Australian Foundation Investment Co 6-Month Price Index Related Terms

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


Australian Foundation Investment Co Business Description

Traded in Other Exchanges
N/A
Address
101 Collins Street, Level 21, Melbourne, VIC, AUS, 3000
Australian Foundation Investment Co Ltd is an asset management company which invests in Australian and New Zealand equities. It aims to provide shareholders with attractive investment returns through access to a growing stream of fully franked dividends and enhancement of capital invested. Its investment goals are to pay dividends, which, over time, grow faster than the rate of inflation, and to provide attractive total returns over the medium to long term.

Australian Foundation Investment Co Headlines

No Headlines