Downer EDI (ASX:DOW) 6-Month Price Index : 1.18 (As of Jun. 04, 2024)

View and export this data going back to 1990. Start your Free Trial

What is Downer EDI 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 (2024-06-04), Downer EDI's 6-Month Price Index is 1.18.

Competitive Comparison of Downer EDI's 6-Month Price Index

For the Engineering & Construction subindustry, Downer EDI'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.

Downer EDI (ASX:DOW) 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.

Downer EDI (ASX:DOW) 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.

Downer EDI 6-Month Price Index Related Terms

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

Downer EDI (ASX:DOW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Downer EDI Ltd (ASX:DOW) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

DNE:Germany

Address

39 Delhi Road, Level 2, Triniti III, Triniti Business Campus, North Ryde, NSW, AUS, 2113

Website

https://www.downergroup.com

Downer operates engineering, construction, and maintenance; transport; technology and communications; utilities; and rail units. The future of Downer is focused on urban services, and mining and high-risk construction businesses have been sold. The engineering, construction, and maintenance business had exposure to mining and energy projects through consulting services. The mining division had provided contracted mining services. The rail division services and maintains passenger rolling stock, including locomotives and wagons.