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REA Group (ASX:REA) 6-Month Price Index : 1.18 (As of May. 26, 2024)


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What is REA 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 (2024-05-26), REA Group's 6-Month Price Index is 1.18.

Competitive Comparison of REA Group's 6-Month Price Index

For the Internet Content & Information subindustry, REA 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.

REA Group  (ASX:REA) 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.

REA Group  (ASX:REA) 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.

REA Group 6-Month Price Index Related Terms

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

REA Group (ASX:REA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » REA Group Ltd (ASX:REA) » Definitions » 6-Month Price Index
Comparable Companies
ASX:CAR ASX:SEK ASX:DHG ASX:FDV ASX:CHL ASX:ART ASX:MKT ASX:RMY ASX:RNT ASX:TNY GOOGL META HKSE:00700 XAMS:PRX TSE:6098 SPOT DASH BIDU JSE:NPN HKSE:01024
Traded in Other Exchanges
RPGRY:USA R9C:Germany
Address
511 Church Street, Richmond, Melbourne, VIC, AUS, 3121
Website
https://www.rea-group.com
REA Group is a technology company operating in the real estate sector. REA Group's primary business is a online listings platform for residential real estate, www.realestate.com.au, which is the largest residential real estate listings platform in Australia, at around three times the size of number two, www.domain.com.au, owned by Domain Group. REA Group is majority-owned by News Corp (ASX:NWS), while Domain is majority-owned by rival media company Nine Entertainment (ASX:NEC). REA Group's other businesses include adjacent markets and services, and investments in online listings platforms in Asia.

REA Group (ASX:REA) Headlines

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