GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » AMCIL Ltd (ASX:AMH) » Definitions » 6-Month Price Index

AMCIL (ASX:AMH) 6-Month Price Index : 1.18 (As of Apr. 27, 2024)


View and export this data going back to 2000. Start your Free Trial

What is AMCIL 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 (2024-04-27), AMCIL's 6-Month Price Index is 1.18.


Competitive Comparison of AMCIL's 6-Month Price Index

For the Asset Management subindustry, AMCIL'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.


AMCIL  (ASX:AMH) 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.


AMCIL  (ASX:AMH) 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.


AMCIL 6-Month Price Index Related Terms

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


AMCIL (ASX:AMH) Business Description

Traded in Other Exchanges
N/A
Address
101 Collins Street, Level 21, Melbourne, VIC, AUS, 3000
AMCIL Ltd is an Australia based investment company focused on managing a portfolio which covers large and small companies in the Australian equity market. The investment objective of the company is to provide shareholders with returns through capital growth in the portfolio over the medium to long-term and to generate fully franked dividend income. The group invests in the sectors such as Industrials, Materials, Healthcare, Consumer Discretionary, Consumer Staples, Information Technology, Banks, Other Financials, Telecom Services, Property Trusts, Utilities, Cash, and Energy. It derives the majority of the revenue from the receipt of dividends and distributions income.