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Diversified Royalty (Diversified Royalty) 6-Month Price Index : 1.15 (As of Apr. 27, 2024)


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What is Diversified Royalty 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), Diversified Royalty's 6-Month Price Index is 1.15.

Competitive Comparison of Diversified Royalty's 6-Month Price Index

For the Conglomerates subindustry, Diversified Royalty'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.

Diversified Royalty  (OTCPK:BEVFF) 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.

Diversified Royalty  (OTCPK:BEVFF) 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.

Diversified Royalty 6-Month Price Index Related Terms

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

Diversified Royalty (Diversified Royalty) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Diversified Royalty Corp (OTCPK:BEVFF) » Definitions » 6-Month Price Index
Comparable Companies
TSXV:DE TSXV:SIQ.H TSX:BBU.UN ADX:IHC HON TSE:8058 TSE:6501 TSE:8031 TSE:8001 MMM ADX:ALPHADHABI TSE:8053 TSE:8002 HKSE:00267 TSE:4901 TSE:8015 BSP:ITSA3 GCARSOA1 TSE:6971 HKSE:00001
Traded in Other Exchanges
BEW:Germany DIV:Canada
Address
609 Granville Street, Suite 330, P.O. Box 10033, Vancouver, BC, CAN, V7Y 1A1
Website
https://www.diversifiedroyaltycorp.com
Diversified Royalty Corp is a multi-royalty company. It is engaged in the business of acquiring royalties from multi-location businesses and franchisors in North America. As a part of the investment strategy, the firm always purchases trademarks of the companies it is going to acquire. The company gives its partners the benefit of full operational control of their business, participation in the growth of their company, and tax deductibility on royal payments. All of the company's operating revenues are earned from the receipt of royalties and management fees from its Royalty Partners.