GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Reinet Investments SCA (FRA:RNT) » Definitions » 6-Month Price Index

Reinet Investments SCA (FRA:RNT) 6-Month Price Index : 1.13 (As of Apr. 30, 2024)


View and export this data going back to 2021. Start your Free Trial

What is Reinet Investments SCA 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 (2024-04-30), Reinet Investments SCA's 6-Month Price Index is 1.13.

Competitive Comparison of Reinet Investments SCA's 6-Month Price Index

For the Asset Management subindustry, Reinet Investments SCA'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.

Reinet Investments SCA  (FRA:RNT) 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.

Reinet Investments SCA  (FRA:RNT) 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.

Reinet Investments SCA 6-Month Price Index Related Terms

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

Reinet Investments SCA (FRA:RNT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Reinet Investments SCA (FRA:RNT) » Definitions » 6-Month Price Index
Comparable Companies
LUX:LXMPR BLK BX OSTO:INVE A TSX:BN KKR APO BK AMP XSWX:PGHN LSE:III OSTO:EQT TROW STT ARES BOM:543940 PFG LSE:LGEN NTRS CRBG
Traded in Other Exchanges
RNI:South Africa REINA:Netherlands REINI:Luxembourg
Address
35, Boulevard Prince Henri, Luxembourg, LUX, L-1724
Website
https://www.reinet.com
Reinet Investments SCA is a Luxembourg-based closed-end, specialized investment fund (SIF). Its primary investment objective is to achieve long-term capital growth. The company focuses on investing in a wide range of asset classes, including listed and unlisted equities, bonds, real estate, and derivative instruments. It adopts a strategy to work with experienced partners to invest in unique opportunities focusing on value creation for investors. The company's principal source of earnings is the returns in the form of income and capital gains from the investments made through Reinet Fund and its subsidiaries.

Reinet Investments SCA (FRA:RNT) Headlines

No Headlines