GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » SIR Royalty Income Fund (TSX:SRV.UN) » Definitions » 6-Month Price Index

SIR Royaltyome Fund (TSX:SRV.UN) 6-Month Price Index : 0.83 (As of May. 22, 2024)


View and export this data going back to 2004. Start your Free Trial

What is SIR Royaltyome Fund 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 (2024-05-22), SIR Royaltyome Fund's 6-Month Price Index is 0.83.


Competitive Comparison of SIR Royaltyome Fund's 6-Month Price Index

For the Restaurants subindustry, SIR Royaltyome Fund'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.


SIR Royaltyome Fund  (TSX:SRV.UN) 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.


SIR Royaltyome Fund  (TSX:SRV.UN) 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.


SIR Royaltyome Fund 6-Month Price Index Related Terms

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


SIR Royaltyome Fund (TSX:SRV.UN) Business Description

Traded in Other Exchanges
Address
5360 South Service Road, Suite 200, Burlington, ON, CAN, L7L 5L1
SIR Royalty Income Fund (The fund) holds an investment in SIR (Service Inspired Restaurant) Corp. The company is a privately held corporation that owns and operates a diverse portfolio of restaurants in Canada. It has concept restaurant brands, including Jack Astor's Bar and Grill, Scaddabush Italian Kitchen & Bar; and SIR's signature restaurant brands, including Reds Wine Tavern, Reds Midtown Tavern, Reds Square One, and The Loose Moose. The fund receives distribution income from its investment in the Partnership and interest income from the SIR Loan. It generates revenue through the license and royalty agreement from its investments in partnership.

SIR Royaltyome Fund (TSX:SRV.UN) Headlines

No Headlines