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MRETF (Martinrea International) 6-Month Price Index : 0.62 (As of Apr. 25, 2025)


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What is Martinrea International 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 (2025-04-25), Martinrea International's 6-Month Price Index is 0.62.

Competitive Comparison of Martinrea International's 6-Month Price Index

For the Auto Parts subindustry, Martinrea International'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.

Martinrea International  (OTCPK:MRETF) 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.

Martinrea International  (OTCPK:MRETF) 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.

Martinrea International 6-Month Price Index Related Terms

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

Martinrea International Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Martinrea International Inc (OTCPK:MRETF) » Definitions » 6-Month Price Index
Comparable Companies
TSX:XTC TSX:WPRT XCNQ:ATHR TSXV:HC TSXV:SSA TSE:6902 TSE:5108 XPAR:ML SHSE:600660 XKRX:012330 GPC XTER:KBX XTER:CON SHSE:601689 APTV TSE:5802 MBLY NSE:MOTHERSON LKQ XTER:HLE
Traded in Other Exchanges
03M:Germany MRE:Canada
Address
3210 Langstaff Road, Vaughan, ON, CAN, L4K 5B2
Website
https://www.martinrea.com
Martinrea International Inc is a diversified and world-wide automotive supplier engaged in the design, development and manufacturing of engineered, value-added Lightweight Structures and Propulsion Systems. Its products are used in the automotive sector by the majority of vehicle manufacturers. The Company's offerings include products, assemblies and systems for small and large cars, crossovers, pickups and sport utility vehicles. The company also provides metal forming and welding solutions. The company operates in Canada, USA, Europe, and Other Countries.