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Richco Investors (TSXV:RII.H) 6-Month Price Index : 1.00 (As of Jun. 08, 2024)


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What is Richco Investors 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), Richco Investors's 6-Month Price Index is 1.00.

Competitive Comparison of Richco Investors's 6-Month Price Index

For the Asset Management subindustry, Richco Investors'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.

Richco Investors  (TSXV:RII.H) 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.

Richco Investors  (TSXV:RII.H) 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.

Richco Investors 6-Month Price Index Related Terms

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

Richco Investors (TSXV:RII.H) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Richco Investors Inc (TSXV:RII.H) » Definitions » 6-Month Price Index
Comparable Companies
TSX:FTU XCNQ:BLGV TSX:SBN TSX:XMF.A TSXV:FFP XCNQ:GOAT TSXV:ESS XCNQ:FGFL XCNQ:LLL XCNQ:EATS BLK BX KKR OSTO:INVE A APO TSX:BN BK AMP LSE:III XSWX:PGHN
Traded in Other Exchanges
RII.K:Canada
Address
3882 Lawrence Place, North Vancouver, Vancouver, BC, CAN, V7K 2X2
Website
www.richcoinvestors.com
Richco Investors Inc is a Canada-based company that provides financial, management, and other administrative services to early development-stage businesses. The principal objective of the company is long-term wealth creation by creating or helping businesses to fulfill their potential through strategic planning, capital infusion, and corporate restructuring.

Richco Investors (TSXV:RII.H) Headlines

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