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Infinera (FRA:IX6) 6-Month Price Index : 1.48 (As of Jun. 04, 2024)


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What is Infinera 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), Infinera's 6-Month Price Index is 1.48.

Competitive Comparison of Infinera's 6-Month Price Index

For the Communication Equipment subindustry, Infinera'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.

Infinera  (FRA:IX6) 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.

Infinera  (FRA:IX6) 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.

Infinera 6-Month Price Index Related Terms

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

Infinera (FRA:IX6) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Infinera Corp (FRA:IX6) » Definitions » 6-Month Price Index
Comparable Companies
HLIT EXTR KN VIAV DGII ASTS PWFL VSAT CLFD ITRN CSCO SHSE:601138 MSI HPE OHEL:NOKIA OSTO:ERIC B ZBRA SZSE:000063 SHSE:688036 JNPR
Traded in Other Exchanges
INFN:USA INFN:Mexico IX6:Germany
Address
6373 San Ignacio Avenue, San Jose, CA, USA, 95119
Website
https://www.infinera.com
Infinera Corp is a global supplier of networking solutions comprised of networking equipment, software and services. Its portfolio of solutions includes optical transport platforms, converged packet-optical transport platforms, compact modular platforms, optical line systems, coherent optical subsystems, a suite of automation software offerings, and support and professional services. The company's customers include operators of fixed line and mobile networks, including telecommunications service providers, internet content providers, cable providers, wholesale carriers, research and education institutions, large enterprises, utilities and government entities.

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