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Microalliance Group (Microalliance Group) 6-Month Price Index : 0.06 (As of Jun. 02, 2024)


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What is Microalliance 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 (2024-06-02), Microalliance Group's 6-Month Price Index is 0.06.

Competitive Comparison of Microalliance Group's 6-Month Price Index

For the Packaged Foods subindustry, Microalliance 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.

Microalliance Group  (OTCPK:MALG) 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.

Microalliance Group  (OTCPK:MALG) 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.

Microalliance Group 6-Month Price Index Related Terms

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

Microalliance Group (Microalliance Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Microalliance Group Inc (OTCPK:MALG) » Definitions » 6-Month Price Index
Comparable Companies
BYND AATP THRN BGS BRCC WEST SENEA TJBH HAIN NATR XSWX:NESN KHC GIS XPAR:BN SHSE:603288 NSE:NESTLEIND SZSE:300999 SHSE:600887 HRL BIMBOA
Traded in Other Exchanges
N/A
Address
Industrial East Street, Shatoujiao Street, 4th Floor, Building 10, Yantian International Creative Port, Yantian District, Guangdong Province, Shenzhen, CHN, 518000
Website
https://www.fountainhealthyaging.com
Microalliance Group Inc is engaged in two types of products: coffee and liquor. The Company develops, produces, markets and sells under the brand name coffee tea products, which are specialty coffee products with Chinese black tea's taste, as well as black coffee products and other coffee products. The Company sells its coffee products wholesale to retail partners and corporate customers, as well as directly to consumers in the PRC via its e-commerce channels. Its licensed Nainiang Liquor retail stores have opened in cities in China, such as Beijing, Shanghai, Shenzhen, Xiamen, Chongqing, Chengdu, Kunming, Foshan, Zhaoqing, Huangshan, Jingzhou and Baoding. The Company generates more revenues than from the coffee business.

Microalliance Group (Microalliance Group) Headlines

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