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Mr. Cooper Group (FRA:07WA) 6-Month Price Index : 1.25 (As of Jun. 08, 2024)


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What is Mr. Cooper 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 (2024-06-08), Mr. Cooper Group's 6-Month Price Index is 1.25.

Competitive Comparison of Mr. Cooper Group's 6-Month Price Index

For the Mortgage Finance subindustry, Mr. Cooper 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.

Mr. Cooper Group  (FRA:07WA) 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.

Mr. Cooper Group  (FRA:07WA) 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.

Mr. Cooper Group 6-Month Price Index Related Terms

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

Mr. Cooper Group (FRA:07WA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Mr. Cooper Group Inc (FRA:07WA) » Definitions » 6-Month Price Index
Comparable Companies
PFSI WD RKT FNMA ECPG FMCC GHLD UWMC VEL LDI NSE:LICHSGFIN NSE:PNBHOUSING LSE:OSB LSE:PAG BOM:543335 NSE:AADHARHFC TSX:FN BOM:541988 BOM:511196 BOM:535789
Traded in Other Exchanges
COOP:USA 07WA:Germany
Address
8950 Cypress Waters Boulevard, Coppell, TX, USA, 75019
Website
https://www.mrcoopergroup.com
Mr. Cooper Group Inc is a home loan servicer. The company focuses on delivering a variety of servicing and lending products. It has two operating segments namely Servicing segment which performs operational activities on behalf of investors or owners of the underlying mortgages and mortgage servicing rights, including collecting and disbursing borrower payments, investor reporting, and customer service and The Originations segment originates residential mortgage loans through a direct-to-consumer channel, which provides refinance options for existing customers, and through a correspondent channel, which purchases or originates loans from mortgage bankers and brokers.

Mr. Cooper Group (FRA:07WA) Headlines

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