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AK Altynalmas JSC (XKAZ:ALMS) 6-Month Price Index : 1.00 (As of Jun. 13, 2024)


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What is AK Altynalmas JSC 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 (2024-06-13), AK Altynalmas JSC's 6-Month Price Index is 1.00.


Competitive Comparison of AK Altynalmas JSC's 6-Month Price Index

For the Gold subindustry, AK Altynalmas JSC'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.


AK Altynalmas JSC  (XKAZ:ALMS) 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.


AK Altynalmas JSC  (XKAZ:ALMS) 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.


AK Altynalmas JSC 6-Month Price Index Related Terms

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AK Altynalmas JSC (XKAZ:ALMS) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Mussabayeva 8 street, Almaty city, KAZ, 050062
AK Altynalmas JSC is a gold producer based in the Republic of Kazakhstan. It is mainly engaged in the production, extraction and processing of precious metal and other minerals. The company performs operations on subsoil use in a variety of gold ore objects. Its project holdings include deposits of Akbakai region in Zhambyl area and Pustynnoye deposits in Karaganda area.

AK Altynalmas JSC (XKAZ:ALMS) Headlines