GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » 49 North Resources Inc (TSXV:FNR) » Definitions » 6-Month Price Index

49 North Resources (TSXV:FNR) 6-Month Price Index : 2.33 (As of May. 28, 2024)


View and export this data going back to 2006. Start your Free Trial

What is 49 North Resources 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 (2024-05-28), 49 North Resources's 6-Month Price Index is 2.33.

Competitive Comparison of 49 North Resources's 6-Month Price Index

For the Asset Management subindustry, 49 North Resources'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.

49 North Resources  (TSXV:FNR) 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.

49 North Resources  (TSXV:FNR) 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.

49 North Resources 6-Month Price Index Related Terms

Thank you for viewing the detailed overview of 49 North Resources's 6-Month Price Index provided by GuruFocus.com. Please click on the following links to see related term pages.

49 North Resources (TSXV:FNR) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » 49 North Resources Inc (TSXV:FNR) » Definitions » 6-Month Price Index
Comparable Companies
TSX:PDV TSXV:CEP TSX:ENI.UN TSXV:SGE XCNQ:PUMP NEOE:JPEG TSXV:WP XCNQ:QCA TSXV:LITT TSX:AAB BLK BX KKR OSTO:INVE A TSX:BN APO BK AMP XSWX:PGHN OSTO:EQT
Traded in Other Exchanges
FNINF:USA O49:Germany
Address
224 4th Avenue South, Suite 602, Saskatoon, SK, CAN, S7K 5M5
Website
https://www.fnr.ca
49 North Resources Inc is a resource investment, financial, and managerial advisory company. Principally, it is engaged in the business of investing in a diversified portfolio of common shares and other securities of resource issuers. The company invests in assets mainly involved in the mineral or oil and gas exploration and development, with a view to achieving capital appreciation of the portfolio.
Executives
Tom Macneill 10% Security Holder, Director, Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer

49 North Resources (TSXV:FNR) Headlines

No Headlines