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Scope Metals Group (XTAE:SCOP) 6-Month Price Index : 1.06 (As of Jul. 19, 2025)


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What is Scope Metals Group 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 (2025-07-19), Scope Metals Group's 6-Month Price Index is 1.06.

Competitive Comparison of Scope Metals Group's 6-Month Price Index

For the Industrial Distribution subindustry, Scope Metals Group'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.

Scope Metals Group  (XTAE:SCOP) 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.

Scope Metals Group  (XTAE:SCOP) 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.

Scope Metals Group 6-Month Price Index Related Terms

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

Scope Metals Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Scope Metals Group Ltd (XTAE:SCOP) » Definitions » 6-Month Price Index
Comparable Companies
GWW FAST FERG WSO CNM POOL OSTO:INDT OSTO:ADDT B WCC LSE:DPLM AIT OSTO:BEIJ B TSX:TIH WBO:ANDR ASX:REH TSX:FTT SITE MSM LSE:RS1 REZI
Traded in Other Exchanges
N/A
Address
3 Hamerkava Street, Re'em Industrial Park, Bne Ayish, ISR, 60860
Website
http://www.scope-metal.com
Scope Metals Group Ltd operates as a one-stop shop on a Just-In-Time delivery basis. The company supplies stainless steel, aluminum, magnesium, steel and steel alloys, plastics, nickel alloys, brass, bronze, copper, lead and titanium. It offers its products to different industries from food processing and pharmaceuticals, energy, water, chemicals and petrochemicals, fertilizers, aerospace and aviation, machining, military, elevators and construction, solar energy, infrastructure to microelectronics, high tech and more.

Scope Metals Group Headlines

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