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Nexstim Oyj (OHEL:NXTMH) 6-Month Price Index : 1.17 (As of May. 28, 2024)


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What is Nexstim Oyj 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 (2024-05-28), Nexstim Oyj's 6-Month Price Index is 1.17.

Competitive Comparison of Nexstim Oyj's 6-Month Price Index

For the Medical Devices subindustry, Nexstim Oyj'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.

Nexstim Oyj  (OHEL:NXTMH) 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.

Nexstim Oyj  (OHEL:NXTMH) 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.

Nexstim Oyj 6-Month Price Index Related Terms

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Nexstim Oyj (OHEL:NXTMH) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Nexstim Oyj (OHEL:NXTMH) » Definitions » 6-Month Price Index
Comparable Companies
OHEL:BONEH OHEL:BRETEC OHEL:MODU ABT SYK MDT BSX SZSE:300760 EW DXCM ZBH STE XAMS:PHIA ALGN XSWX:SOON SHSE:688271 ASX:COH LSE:SN. PODD OCSE:DEMANT
Traded in Other Exchanges
5NX:Germany
Address
Elimaenkatu 9 B, Helsinki, FIN, FI-00510
Website
https://www.nexstim.com
Nexstim Oyj is medical technology company. The company has developed a non-invasive brain stimulation technology for navigated transcranial magnetic stimulation (nTMS) with 3D navigation providing accurate and personalized targeting of TMS to the specific area of the brain. The company earns revenue in Finland, Rest of Europe, North America and Other. The majority of revenue is earned in Finland.

Nexstim Oyj (OHEL:NXTMH) Headlines

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