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M Dias Branco Industria e Comercio de Alimentos (BSP:MDIA3) 6-Month Price Index : 0.87 (As of Jun. 06, 2024)


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What is M Dias Branco Industria e Comercio de Alimentos 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), M Dias Branco Industria e Comercio de Alimentos's 6-Month Price Index is 0.87.


Competitive Comparison of M Dias Branco Industria e Comercio de Alimentos's 6-Month Price Index

For the Packaged Foods subindustry, M Dias Branco Industria e Comercio de Alimentos'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.


M Dias Branco Industria e Comercio de Alimentos  (BSP:MDIA3) 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.


M Dias Branco Industria e Comercio de Alimentos  (BSP:MDIA3) 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.


M Dias Branco Industria e Comercio de Alimentos 6-Month Price Index Related Terms

Thank you for viewing the detailed overview of M Dias Branco Industria e Comercio de Alimentos's 6-Month Price Index provided by GuruFocus.com. Please click on the following links to see related term pages.


M Dias Branco Industria e Comercio de Alimentos (BSP:MDIA3) Business Description

Traded in Other Exchanges
N/A
Address
Rodovia BR 116, Sem Numero Km 18, Eusebio, CE, BRA, 61760-000
M Dias Branco SA Industria e Comercio de Alimentos is a Brazilian company engaged in the industrialization, sale and distribution of food products derived from wheat, mainly cookies and crackers, pasta and wheat flour/bran and the manufacture, sale and distribution of vegetable shortenings and margarines, cakes, cake mixes, packaged toast and snacks. The Company's brands in the domestic market are Adria, Aldente, Basilar, Bonsabor, Estrela, Fortaleza, Finna, Fit Food, Frontera, Isabela, Jasmine, Pelagio, Pilar, Piraque, Predilleto, Richester, Salsito, Smart, Taste and Co, Treloso, Vitarella, and Zabet; and in the foreign market: Las Acacias.

M Dias Branco Industria e Comercio de Alimentos (BSP:MDIA3) Headlines

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