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MacroAsia (PHS:MAC) 6-Month Price Index : 1.13 (As of Jun. 10, 2024)


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What is MacroAsia 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 (2024-06-10), MacroAsia's 6-Month Price Index is 1.13.


Competitive Comparison of MacroAsia's 6-Month Price Index

For the Airports & Air Services subindustry, MacroAsia'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.


MacroAsia  (PHS:MAC) 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.


MacroAsia  (PHS:MAC) 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.


MacroAsia 6-Month Price Index Related Terms

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


MacroAsia (PHS:MAC) Business Description

Traded in Other Exchanges
N/A
Address
6754 Ayala Avenue, 12th Floor, PNB Allied Bank Center, Makati City, PHL, 1226
MacroAsia Corp engages in providing aviation-support businesses at the Ninoy Aquino International Airport, Manila Domestic Airport, Mactan-Cebu International Airport, Kalibo International Airport, Davao International Airport, and the General Aviation Area. It provides in-flight catering services, ground handling services for passenger and cargo aircraft, and helicopter charter flight services. Its segments are In-flight and other catering segments, Ground handling and aviation segment, Administrative segment, Charter flights segment, Mining segment, Water treatment and distribution segment, and Maintenance, repairs, and overhaul segment.