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Marsden Maritime Holdings (NZSE:MMH) 6-Month Price Index : 0.73 (As of Jun. 10, 2024)


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What is Marsden Maritime Holdings 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 (2024-06-10), Marsden Maritime Holdings's 6-Month Price Index is 0.73.


Competitive Comparison of Marsden Maritime Holdings's 6-Month Price Index

For the Infrastructure Operations subindustry, Marsden Maritime Holdings'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.


Marsden Maritime Holdings  (NZSE:MMH) 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.


Marsden Maritime Holdings  (NZSE:MMH) 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.


Marsden Maritime Holdings 6-Month Price Index Related Terms

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Marsden Maritime Holdings (NZSE:MMH) Business Description

Traded in Other Exchanges
N/A
Address
8 Marsden Bay Drive, Marsden Point, PO Box 196, Ruakaka, NTL, NZL, 0171
Marsden Maritime Holdings Ltd is a New Zealand based company engaged in the operation of ports. It is focused on attracting business to the port area, through long-term lease arrangements on land owned adjacent to the port. The business segments of the group are Northport-related Operations, Property holdings, Marina and commercial and other activities. The organization operates in the geographical segment of the Greater Marsden Point Area. The company derives the majority of its revenue from the property holdings segment.

Marsden Maritime Holdings (NZSE:MMH) Headlines

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