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Octo Fundo De Investimento Imobiliario (BSP:OCRE11) 6-Month Price Index : 0.98 (As of Jun. 06, 2024)


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What is Octo Fundo De Investimento Imobiliario 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 (2024-06-06), Octo Fundo De Investimento Imobiliario's 6-Month Price Index is 0.98.


Competitive Comparison of Octo Fundo De Investimento Imobiliario's 6-Month Price Index

For the Asset Management subindustry, Octo Fundo De Investimento Imobiliario'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.


Octo Fundo De Investimento Imobiliario  (BSP:OCRE11) 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.


Octo Fundo De Investimento Imobiliario  (BSP:OCRE11) 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.


Octo Fundo De Investimento Imobiliario 6-Month Price Index Related Terms

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


Octo Fundo De Investimento Imobiliario (BSP:OCRE11) Business Description

Traded in Other Exchanges
N/A
Address
Avenue Pres Juscelino Kubitschek, 1726, 19 Andar- Vila Nova Conceicao, Sao Paulo, SP, BRA, 04543000
Octo Fundo De Investimento Imobiliario is intended for investors in general, including, but not limited to, natural or legal persons, investment funds, entities authorized to operate by the Central Bank of Brazil, insurance companies, private pension and capitalization entities, as well as non-public investors. The purpose of the Fund is to provide shareholders with income and capital gain, through the investment of their assets in the following target assets: shares of other real estate investment funds, certificates of real estate receivables, mortgage bills, real estate credit notes, guaranteed real estate bills, certificates of additional construction potential, issued based on Instruction, etc.

Octo Fundo De Investimento Imobiliario (BSP:OCRE11) Headlines

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