GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Kingston Resources Ltd (ASX:KSN) » Definitions » 6-Month Price Index

Kingston Resources (ASX:KSN) 6-Month Price Index : 1.02 (As of Jun. 09, 2024)


View and export this data going back to 1987. Start your Free Trial

What is Kingston Resources 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), Kingston Resources's 6-Month Price Index is 1.02.


Competitive Comparison of Kingston Resources's 6-Month Price Index

For the Gold subindustry, Kingston Resources'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.


Kingston Resources  (ASX:KSN) 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.


Kingston Resources  (ASX:KSN) 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.


Kingston Resources 6-Month Price Index Related Terms

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


Kingston Resources (ASX:KSN) Business Description

Traded in Other Exchanges
Address
201 Miller Street, Suite 202, North Sydney, NSW, AUS, 2060
Kingston Resources Ltd is an Australian-based mineral exploration company that engages in acquiring and exploring gold projects. It operates in two business segment which is the Exploration and Evaluation of Minerals in Australia and mining. Its projects are Misima Gold Project, Mineral Hill Mine and Livingstone Gold Project. Geographically it derives the majority of its revenue from Australia.

Kingston Resources (ASX:KSN) Headlines

No Headlines