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Aeci Mining Explosives (LUS:AECI) 6-Month Price Index : 0.95 (As of Jun. 08, 2024)


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What is Aeci Mining Explosives 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 (2024-06-08), Aeci Mining Explosives's 6-Month Price Index is 0.95.

Competitive Comparison of Aeci Mining Explosives's 6-Month Price Index

For the Specialty Chemicals subindustry, Aeci Mining Explosives'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.

Aeci Mining Explosives  (LUS:AECI) 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.

Aeci Mining Explosives  (LUS:AECI) 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.

Aeci Mining Explosives 6-Month Price Index Related Terms

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

Aeci Mining Explosives (LUS:AECI) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Aeci Mining Explosives PLC (LUS:AECI) » Definitions » 6-Month Price Index
Comparable Companies
Traded in Other Exchanges
N/A
Address
1 Platinum Drive, The Platform, Longmeadow Business Estate, Modderfontein, Johannesburg, ZAF
Website
https://www.aeciminingexplosives.com
Aeci Mining Explosives PLC is a developer, producer, and supplier of Commercial explosives, Initiating systems, and Blasting services for Mining, Quarrying, and Construction markets in Africa and Indonesia. The group also provides services such as Equipment, Product, Mining optimization, and Research development services. It operates in South Africa, Zambia, Botswana.

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