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Kendrion NV (XAMS:KENDR) 6-Month Price Index : 1.23 (As of Jun. 06, 2024)


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What is Kendrion NV 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 (2024-06-06), Kendrion NV's 6-Month Price Index is 1.23.

Competitive Comparison of Kendrion NV's 6-Month Price Index

For the Auto Parts subindustry, Kendrion NV'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.

Kendrion NV  (XAMS:KENDR) 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.

Kendrion NV  (XAMS:KENDR) 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.

Kendrion NV 6-Month Price Index Related Terms

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

Kendrion NV (XAMS:KENDR) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Kendrion NV (XAMS:KENDR) » Definitions » 6-Month Price Index
Comparable Companies
XAMS:LIGHT XAMS:KPN XAMS:CRBN XAMS:HOLCO XAMS:NEDAP XAMS:AALB XAMS:JDEP XAMS:BSGR XAMS:FUR TSE:7315 TSE:6902 TSE:5108 XPAR:ML MBLY APTV XKRX:012330 TSX:MG SHSE:600660 XTER:CON LKQ
Traded in Other Exchanges
KENDRa:UK K3E:Germany
Address
Herikerbergweg 213, Vesta Building, 5th floor, Amsterdam, NLD, 1101 CN
Website
https://www.kendrion.com
Kendrion NV is engaged in developing, manufacturing and marketing electromagnetic and mechatronic systems and components for industrial and automotive applications. Its core business activities include electromagnetic components and mechatronic solutions for customer applications in the industrial and automotive sector; customized mechatronic solutions to automatic processes; electromagnetic solenoids, brakes, holding magnets, valves, controllers and clutches for industrial applications and individual systems for commercial vehicles as well as off-highway application and hydraulic industry. The company has two business divisions namely Automotive and Industrial. The majority of the revenue comes from Germany.

Kendrion NV (XAMS:KENDR) Headlines

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