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Minerals Technologies (FRA:MNK) 6-Month Price Index : 1.32 (As of May. 20, 2024)


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What is Minerals Technologies 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 (2024-05-20), Minerals Technologies's 6-Month Price Index is 1.32.

Competitive Comparison of Minerals Technologies's 6-Month Price Index

For the Specialty Chemicals subindustry, Minerals Technologies'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.

Minerals Technologies  (FRA:MNK) 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.

Minerals Technologies  (FRA:MNK) 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.

Minerals Technologies 6-Month Price Index Related Terms

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

Minerals Technologies (FRA:MNK) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Minerals Technologies Inc (FRA:MNK) » Definitions » 6-Month Price Index
Comparable Companies
SCL SXT NGVT IOSP WDFC HWKN OEC KWR KRO ECVT LIN XPAR:AI SHW ECL APD XSWX:SIKA XSWX:GIVN SHSE:600309 ISX:TPIA LYB
Traded in Other Exchanges
MTX:USA MNK:Germany
Address
622 Third Avenue, 38th Floor, New York, NY, USA, 10017-6707
Website
https://www.mineralstech.com
Minerals Technologies Inc mines, produces, and sells mineral-based products. The firm organizes itself into three segments based on product type. The specialty minerals segment, sells calcium carbonate, limestone, and talc, which is used in the paper, building materials, paint, automotive, and pharmaceutical industries. The refractories segment sells products for steel furnaces. The performance materials segment sells bentonite used in steel alloy casting and household products including cat litter. The majority of revenue comes from the United States.

Minerals Technologies (FRA:MNK) Headlines

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