Merito Cemiterios Fii Fundo De Investimento Imobiliario (BSP:MCEM11) 6-Month Price Index : 0.99 (As of Jun. 06, 2024)

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What is Merito Cemiterios Fii Fundo De Investimento Imobiliario 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), Merito Cemiterios Fii Fundo De Investimento Imobiliario's 6-Month Price Index is 0.99.

Competitive Comparison of Merito Cemiterios Fii Fundo De Investimento Imobiliario's 6-Month Price Index

For the REIT - Specialty subindustry, Merito Cemiterios Fii Fundo De Investimento Imobiliario'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.

Merito Cemiterios Fii Fundo De Investimento Imobiliario (BSP:MCEM11) 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.

Merito Cemiterios Fii Fundo De Investimento Imobiliario (BSP:MCEM11) 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.

Merito Cemiterios Fii Fundo De Investimento Imobiliario 6-Month Price Index Related Terms

Thank you for viewing the detailed overview of Merito Cemiterios Fii Fundo De Investimento Imobiliario's 6-Month Price Index provided by GuruFocus.com. Please click on the following links to see related term pages.

Merito Cemiterios Fii Fundo De Investimento Imobiliario (BSP:MCEM11) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Merito Cemiterios Fii Fundo De Investimento Imobiliario (BSP:MCEM11) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rua Funchal, 418, 21st floor, Vila Olímpia CEP, Sao Paulo, SP, BRA, 04551-060

Website

https://www.meritodtvm.com.br

Merito Cemiterios Fii Fundo De Investimento Imobiliario is a closed condominium fund, with an indefinite duration. The Fund's purpose is to make long-term real estate investments through the acquisition of the following assets: (i) any real rights over real estate; (ii) real rights over real estate, shares, debentures, subscription bonuses, their coupons, rights, subscription receipts and split certificates, securities deposit certificates, debenture notes, investment fund shares, promissory notes, and any other securities, as long as the issuers registered with the CVM and whose activities are permitted for real estate investment funds.

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