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The United Basalt Products (XMAU:UBP) 6-Month Price Index : 0.85 (As of Jun. 09, 2024)


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What is The United Basalt Products 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 (2024-06-09), The United Basalt Products's 6-Month Price Index is 0.85.


Competitive Comparison of The United Basalt Products's 6-Month Price Index

For the Building Materials subindustry, The United Basalt Products'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.


The United Basalt Products  (XMAU:UBP) 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.


The United Basalt Products  (XMAU:UBP) 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.


The United Basalt Products 6-Month Price Index Related Terms

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


The United Basalt Products (XMAU:UBP) Business Description

Traded in Other Exchanges
N/A
Address
Trianon, Quatre-Bornes, MUS
The United Basalt Products Ltd is engaged in the manufacturing and sale of building materials which consist mainly of aggregates, rock sand, and concrete blocks. Other products include precast concrete slabs, ready-to-use dry mortar, various concrete building components including paving-blocks and roof tiles, imported floor and wall tiles, sanitary ware and a complete range of home building and decorating products, fittings, tools, and garden accessories. Services rendered consist mainly of engineering works by the company's workshop and contracting services. The group's business segments consist of core business activities, Building Material and agriculture. Geographically, majority of its activity is performed in Mauritius.

The United Basalt Products (XMAU:UBP) Headlines