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Minco Capital (FRA:MI5) 6-Month Price Index : 0.79 (As of May. 21, 2024)


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What is Minco Capital 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 (2024-05-21), Minco Capital's 6-Month Price Index is 0.79.

Competitive Comparison of Minco Capital's 6-Month Price Index

For the Asset Management subindustry, Minco Capital'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.

Minco Capital  (FRA:MI5) 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.

Minco Capital  (FRA:MI5) 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.

Minco Capital 6-Month Price Index Related Terms

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

Minco Capital (FRA:MI5) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Minco Capital Corp (FRA:MI5) » Definitions » 6-Month Price Index
Comparable Companies
TSXV:MNX TSX:YCM TSX:MKZ.UN XCNQ:BLR XCNQ:SOL TSXV:ZC TSXV:PVIS TSXV:LBI TSXV:CEP XCNQ:EATS BLK BX KKR OSTO:INVE A APO TSX:BN BK AMP LSE:III XSWX:PGHN
Traded in Other Exchanges
MGHCF:USA MI5:Germany MMM:Canada
Address
No. 2060 - 1055 West Georgia Street, PO Box 11176, Vancouver, BC, CAN, V6E 3R5
Website
http://www.mincocapitalcorp.com
Minco Capital Corp is a Canadian company that is focused on utilizing its working capital position, industry contacts and internal expertise to identify, evaluate and invest in assets that have the capacity to generate returns and growth. The company invests in publicly traded and privately held corporations as well as taking indirect and direct ownership stakes in resource projects. Its types of investments may include common shares, preferred shares, warrants, royalties, convertible debentures, bridge loans, and other investment vehicles. It has one segment which is the acquisition and sale of investments in other companies.

Minco Capital (FRA:MI5) Headlines

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