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MNGGF (Mongolia Growth Group) 6-Month Price Index : 0.80 (As of Dec. 13, 2024)


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What is Mongolia Growth Group 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 (2024-12-13), Mongolia Growth Group's 6-Month Price Index is 0.80.

Competitive Comparison of Mongolia Growth Group's 6-Month Price Index

For the Real Estate Services subindustry, Mongolia Growth Group'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.

Mongolia Growth Group  (OTCPK:MNGGF) 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.

Mongolia Growth Group  (OTCPK:MNGGF) 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.

Mongolia Growth Group 6-Month Price Index Related Terms

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Mongolia Growth Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Mongolia Growth Group Ltd (OTCPK:MNGGF) » Definitions » 6-Month Price Index
Comparable Companies
TSXV:IEI TSXV:NXLV TSX:IVQ.U TSX:BEK.B TSXV:CMU TSXV:TRBE TSXV:GUF XCNQ:TEMP TSXV:RPP TSXV:PKT CSGP CBRE XMAD:CLNX BEKE TSE:8830 HKSE:01972 OSTO:AKEL D SGX:9CI HKSE:01997 MIL:INW
Traded in Other Exchanges
1M8:Germany YAK:Canada
Address
100 King Street West, 56th Floor Suite 5600, First Canadian Place, Toronto, ON, CAN, M5X 1C9
Website
https://www.mongoliagrowthgroup.com
Mongolia Growth Group Ltd is a real estate investment and development company. It owns commercial investment property assets in Ulaanbaatar, Mongolia. The company operates through three segments: investment property operations, subscription products, and corporate. The Investment Property operations consist of commercial and residential investment property in Mongolia held for the purposes of rental revenue, capital appreciation, or redevelopment.