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Meta Platforms (LIM:META) 6-Month Price Index : 1.26 (As of Dec. 12, 2024)


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What is Meta Platforms 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 (2024-12-12), Meta Platforms's 6-Month Price Index is 1.26.

Competitive Comparison of Meta Platforms's 6-Month Price Index

For the Internet Content & Information subindustry, Meta Platforms'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.

Meta Platforms  (LIM:META) 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.

Meta Platforms  (LIM:META) 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.

Meta Platforms 6-Month Price Index Related Terms

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

Meta Platforms Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Meta Platforms Inc (LIM:META) » Definitions » 6-Month Price Index
Comparable Companies
BIDU SPOT DASH PINS SNAP TME MTCH TWLO ZG IAC GOOGL HKSE:00700 XAMS:PRX JSE:NPN HKSE:01024 XKRX:035420 XKRX:035720 ASX:REA OSL:ADE ASX:CAR
Traded in Other Exchanges
META:USA META:Poland META:Mexico META_KZ:Kazakhstan 1FB:Italy FB2Ad:UK FB2A:Germany METACL:Chile META:Canada M1TA34:Brazil FB2A:Bulgaria META:Austria
Address
1 Meta Way, Menlo Park, CA, USA, 94025
Website
https://about.meta.com
Meta is the largest social media company in the world, boasting close to 4 billion monthly active users worldwide. The firm's "Family of Apps," its core business, consists of Facebook, Instagram, Messenger, and WhatsApp. End users can leverage these applications for a variety of different purposes, from keeping in touch with friends to following celebrities and running digital businesses for free. Meta packages customer data, gleaned from its application ecosystem and sells ads to digital advertisers. While the firm has been investing heavily in its Reality Labs business, it remains a very small part of Meta's overall sales.