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Mynaric AG (FRA:M0YN) 6-Month Price Index : 0.85 (As of Jun. 08, 2024)


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What is Mynaric AG 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 (2024-06-08), Mynaric AG's 6-Month Price Index is 0.85.

Competitive Comparison of Mynaric AG's 6-Month Price Index

For the Communication Equipment subindustry, Mynaric AG'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.

Mynaric AG  (FRA:M0YN) 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.

Mynaric AG  (FRA:M0YN) 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.

Mynaric AG 6-Month Price Index Related Terms

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

Mynaric AG (FRA:M0YN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Mynaric AG (FRA:M0YN) » Definitions » 6-Month Price Index
Comparable Companies
XTER:CFC FRA:FEW CSCO MSI SHSE:601138 HPE OHEL:NOKIA SZSE:000063 SHSE:688036 OSTO:ERIC B ZBRA TPE:2345 SHSE:600745 JNPR UI CIEN SZSE:300628 SZSE:000733 SZSE:300454 SHSE:600487
Traded in Other Exchanges
MYNA:USA MOYFF:USA M0YN:Germany
Address
Dornierstrasse 19, Gilching, BY, DEU, 82205
Website
https://www.mynaric.com
Mynaric AG operates in the communication equipment business sector. The company is engaged in the manufacture and sale of products and projects and the provision of services in the field of laser technology, in particular in the aerospace, telematics, and satellite services sectors. It operates in two segments: Air and Space. The space segment comprises CONDOR terminals, and the Air segment comprises HAWK terminal. The company's product portfolio consists of Optical ground stations, Air-to-ground terminals, Air-to-air terminals, Space terminals, and Custom products and subcomponents. Its applications consist of high-altitude networks, remote eye, satellite constellations, earth observation satellites, and others. Geographically, the majority is from the United States.

Mynaric AG (FRA:M0YN) Headlines

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