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Majestic Gold (FRA:MJT) 6-Month Price Index : 1.17 (As of Dec. 15, 2024)


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What is Majestic Gold 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 (2024-12-15), Majestic Gold's 6-Month Price Index is 1.17.


Competitive Comparison of Majestic Gold's 6-Month Price Index

For the Gold subindustry, Majestic Gold'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.


Majestic Gold  (FRA:MJT) 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.


Majestic Gold  (FRA:MJT) 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.


Majestic Gold 6-Month Price Index Related Terms

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


Majestic Gold Business Description

Traded in Other Exchanges
Address
306 - 1688 152nd Street, Surrey, BC, CAN, V4A 4N2
Majestic Gold Corp is a mining company focused on the exploration, development and operation of mining properties in China, Australia and Canada. The company operates the Songjiagou open-pit gold mine in the eastern Chinese province of Shandong.

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