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Teleste Oyj (OHEL:TLT1V) 6-Month Price Index : 1.13 (As of May. 28, 2024)


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What is Teleste 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), Teleste Oyj's 6-Month Price Index is 1.13.

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

For the Communication Equipment subindustry, Teleste 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.

Teleste Oyj  (OHEL:TLT1V) 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.

Teleste Oyj  (OHEL:TLT1V) 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.

Teleste Oyj 6-Month Price Index Related Terms

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

Teleste Oyj (OHEL:TLT1V) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Teleste Oyj (OHEL:TLT1V) » Definitions » 6-Month Price Index
Comparable Companies
OHEL:BITTI CSCO MSI SHSE:601138 HPE OHEL:NOKIA OSTO:ERIC B SHSE:688036 SZSE:000063 ZBRA JNPR TPE:2345 CIEN UI SZSE:300394 SHSE:600745 SZSE:300502 SZSE:300628 SHSE:600487 SZSE:002465
Traded in Other Exchanges
TS6:Germany
Address
Telestenkatu 1, P.O. Box 323, Littoinen, FIN, 20660
Website
https://www.teleste.com
Teleste Oyj is an integrated product and service portfolio that makes it possible to build a networked and secure society. The group's solutions enable television and broadband services, secure safety in public places, and support the smooth use of public transport. The group also operates in broadband, security, information technologies, and related services. Its geographical segments are Finland, Nordic countries, Other Europe, and Others.

Teleste Oyj (OHEL:TLT1V) Headlines

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