GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Pershing Square Holdings Ltd (XAMS:PSH) » Definitions » 6-Month Price Index

Pershing Square Holdings (XAMS:PSH) 6-Month Price Index : 1.35 (As of May. 18, 2024)


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

What is Pershing Square 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 (2024-05-18), Pershing Square Holdings's 6-Month Price Index is 1.35.


Competitive Comparison of Pershing Square Holdings's 6-Month Price Index

For the Asset Management subindustry, Pershing Square 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.


Pershing Square Holdings  (XAMS:PSH) 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.


Pershing Square Holdings  (XAMS:PSH) 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.


Pershing Square Holdings 6-Month Price Index Related Terms

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


Pershing Square Holdings (XAMS:PSH) Business Description

Traded in Other Exchanges
Address
Les Banques, P.O. Box 255, Trafalgar Court, Channel Islands, Saint Peter Port, GGY, GY1 3QL
Pershing Square Holdings Ltd is an open-ended investment scheme. The company's investment objective is to preserve capital and to seek maximum, long-term capital appreciation commensurate with reasonable risk. It seeks to achieve its investment objective through long and occasionally short positions in equity or debt securities of public U.S. and non-U.S. issuers, derivative instruments, and other financial instruments.

Pershing Square Holdings (XAMS:PSH) Headlines