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Magnit PJSC (Magnit PJSC) 6-Month Price Index : N/A (As of Apr. 27, 2024)


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What is Magnit PJSC 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), Magnit PJSC's 6-Month Price Index is N/A.

Competitive Comparison of Magnit PJSC's 6-Month Price Index

For the Discount Stores subindustry, Magnit PJSC'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.

Magnit PJSC  (GREY:MGJCL) 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.

Magnit PJSC  (GREY:MGJCL) 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.

Magnit PJSC 6-Month Price Index Related Terms

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

Magnit PJSC (Magnit PJSC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Magnit PJSC (GREY:MGJCL) » Definitions » 6-Month Price Index
Comparable Companies
CAI:MASR CAI:OCDI CAI:ZMID CAI:HELI CAI:ACAMD WMT COST WALMEX TGT BOM:540376 DG DLTR TSX:DOL TSE:7532 BJ LSE:BME OLLI TSE:2651 WAR:PCO PSMT
Traded in Other Exchanges
MGNT:Russia
Address
15/5, Solnechnaya Street, Krasnodar, RUS, 350072
Website
https://www.magnit.com
PJSC Magnit operates in the retail and distribution of consumer goods under the Magnit, the DIXY and the Megamart names. The Group's retail operations are operated through convenience stores, cosmetic stores, supermarkets and other. The Group's business operations are located in the Russian Federation and relate primarily to retail sales of consumer goods. The company operates in about 4,000 localities. The company utilizes a multiformat model, which includes convenience and drogerie stores, supermarkets and pharmacies. Aside from commodity sales, it operates a private-label food production business. The company manages several plants for growing vegetables and the production of dry food and confectionery.

Magnit PJSC (Magnit PJSC) Headlines

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