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Precious Metals and Mining Trust (Precious Metals and Mining Trust) 6-Month Price Index : 0.94 (As of Apr. 30, 2024)


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What is Precious Metals and Mining Trust 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), Precious Metals and Mining Trust's 6-Month Price Index is 0.94.


Competitive Comparison of Precious Metals and Mining Trust's 6-Month Price Index

For the Asset Management subindustry, Precious Metals and Mining Trust'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.


Precious Metals and Mining Trust  (OTCPK:PMMTF) 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.


Precious Metals and Mining Trust  (OTCPK:PMMTF) 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.


Precious Metals and Mining Trust 6-Month Price Index Related Terms

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Precious Metals and Mining Trust (Precious Metals and Mining Trust) Business Description

Traded in Other Exchanges
Address
15 York Street, Second Floor, Toronto, ON, CAN, M5J 0A3
Precious Metals and Mining Trust is an investment trust operating in Canada. The investment objective of the company is to provide long-term capital appreciation and monthly cash distributions. The investment portfolio of the trust includes equity securities of metals and minerals mining and exploration issuers.

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