Africa Opportunity Fund (LSE:AOF) 6-Month Price Index : 1.26 (As of Jun. 12, 2024)

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What is Africa Opportunity Fund 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 (2024-06-12), Africa Opportunity Fund's 6-Month Price Index is 1.26.

Competitive Comparison of Africa Opportunity Fund's 6-Month Price Index

For the Asset Management subindustry, Africa Opportunity Fund'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.

Africa Opportunity Fund (LSE:AOF) 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.

Africa Opportunity Fund (LSE:AOF) 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.

Africa Opportunity Fund 6-Month Price Index Related Terms

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Africa Opportunity Fund (LSE:AOF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Africa Opportunity Fund Ltd (LSE:AOF) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

N/A

Address

South Church Street, P.O. Box 309, George Town, Ugland House, Grand Cayman, CYM

Website

https://www.africaopportunityfund.com

Africa Opportunity Fund Ltd operates in United Kingdom's financial service sector and is a closed-end investment company formed with the objective of achieving capital growth and income through investments in value, arbitrage, and special situations opportunities derived from the continent of Africa. The Company is organized into one main operating segment, which invests in equity securities, debt instruments, and relative derivatives. All of the Company's activities are interrelated, and each activity is dependent on the others.

Africa Opportunity Fund (LSE:AOF) Headlines

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