GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Zanaga Iron Ore Co Ltd (LSE:ZIOC) » Definitions » 6-Month Price Index

Zanaga Iron Ore Co (LSE:ZIOC) 6-Month Price Index : 1.19 (As of Apr. 30, 2024)


View and export this data going back to 2010. Start your Free Trial

What is Zanaga Iron Ore Co 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), Zanaga Iron Ore Co's 6-Month Price Index is 1.19.

Competitive Comparison of Zanaga Iron Ore Co's 6-Month Price Index

For the Steel subindustry, Zanaga Iron Ore Co'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.

Zanaga Iron Ore Co  (LSE:ZIOC) 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.

Zanaga Iron Ore Co  (LSE:ZIOC) 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.

Zanaga Iron Ore Co 6-Month Price Index Related Terms

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

Zanaga Iron Ore Co (LSE:ZIOC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Zanaga Iron Ore Co Ltd (LSE:ZIOC) » Definitions » 6-Month Price Index
Comparable Companies
SZSE:002107 SZSE:002317 SHSE:688553 BJSE:836433 SHSE:600488 SZSE:300636 SZSE:002644 SHSE:603351 SHSE:688621 SZSE:002880 NUE XKRX:005490 BOM:500228 TSE:5401 SHSE:600019 XAMS:MT NSE:TATASTEEL STLD RS MIC:CHMF
Traded in Other Exchanges
ZIOC.GB:UK 6ZA:Germany
Address
Wickhams Cay II, Coastal Building, P.O. Box 2221, 2nd Floor, Tortola, Road Town, VGB
Website
https://www.zanagairon.com
Zanaga Iron Ore Co Ltd is an iron ore exploration and development company. The company holds an interest in the Zanaga Iron Ore Project located in the Republic of Congo which is also known as Congo-Brazzaville. Its long-term objective is to maximize the value of its sole asset and the Project which is currently focused on managing, developing, and constructing a world-class iron ore asset capable of mining, processing, transporting, and exporting iron ore at full production.

Zanaga Iron Ore Co (LSE:ZIOC) Headlines

No Headlines