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Silex Systems (Silex Systems) 6-Month Price Index : 1.59 (As of Apr. 30, 2024)


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What is Silex Systems 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 (2024-04-30), Silex Systems's 6-Month Price Index is 1.59.

Competitive Comparison of Silex Systems's 6-Month Price Index

For the Semiconductors subindustry, Silex Systems'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.

Silex Systems  (OTCPK:SILXY) 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.

Silex Systems  (OTCPK:SILXY) 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.

Silex Systems 6-Month Price Index Related Terms

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

Silex Systems (Silex Systems) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Silex Systems Ltd (OTCPK:SILXY) » Definitions » 6-Month Price Index
Comparable Companies
ASX:BRN ASX:WBT ASX:4DS ASX:AXE ASX:BCT NVDA AVGO TPE:2330 AMD QCOM TXN INTC MU ADI XKRX:000660 NXPI MRVL MCHP TPE:2454 XTER:IFX
Traded in Other Exchanges
SILXF:USA RW4:Germany SLX:Australia
Address
New Illawarra Road, Building 64, Lucas Heights Science and Technology Centre, Lucas Heights, Sydney, NSW, AUS, 2234
Website
https://www.silex.com.au
Silex Systems Ltd is an Australian research and development company. The company focused on the development of the SILEX laser uranium enrichment technology as the next-generation technology for the uranium enrichment industry. The company's operating segment includes Silex Systems; Silex USA, and Translucent. It generates maximum revenue from the Silex Systems segment.

Silex Systems (Silex Systems) Headlines

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