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Gestamp Automocion (LTS:0ROM) 6-Month Price Index : 0.85 (As of May. 22, 2024)


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What is Gestamp Automocion 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 (2024-05-22), Gestamp Automocion's 6-Month Price Index is 0.85.

Competitive Comparison of Gestamp Automocion's 6-Month Price Index

For the Auto Parts subindustry, Gestamp Automocion'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.

Gestamp Automocion  (LTS:0ROM) 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.

Gestamp Automocion  (LTS:0ROM) 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.

Gestamp Automocion 6-Month Price Index Related Terms

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

Gestamp Automocion (LTS:0ROM) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Gestamp Automocion (LTS:0ROM) » Definitions » 6-Month Price Index
Comparable Companies
XMAD:CIE XMAD:LGT TSE:6902 MBLY TSE:5108 APTV XPAR:ML ISX:ASII XKRX:012330 TSX:MG SHSE:600660 XTER:CON LKQ SHSE:601689 SZSE:002920 TSE:7259 BWA XTER:HLE TSE:5802 ALV
Traded in Other Exchanges
GESTN:Mexico GESTe:UK GEST:Spain 7GA:Germany
Address
Lebario Industrial Park, Abadino, ESP, 48220
Website
https://www.gestamp.com
Gestamp Automocion is a Spanish automobile components manufacturer. The activities of the group are focused on the design, development, and manufacturing of metal components for the automotive industry via stamping, tooling, assembly, welding, tailor welded blanks, die-cutting, and machinery. It generates the majority of its revenue from Parts, prototypes, and components; followed by Tooling; and Byproducts & containers. The company operates in the following geographical segments: Western Europe, Eastern Europe, Mercosur, North America, and Asia. It generates the highest revenue from the Western Europe segment.

Gestamp Automocion (LTS:0ROM) Headlines

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