GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Frequentis AG (XTER:FQT) » Definitions » 6-Month Price Index

Frequentis AG (XTER:FQT) 6-Month Price Index : 1.07 (As of Jun. 09, 2024)


View and export this data going back to 2019. Start your Free Trial

What is Frequentis AG 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 (2024-06-09), Frequentis AG's 6-Month Price Index is 1.07.


Competitive Comparison of Frequentis AG's 6-Month Price Index

For the Communication Equipment subindustry, Frequentis AG'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.


Frequentis AG  (XTER:FQT) 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.


Frequentis AG  (XTER:FQT) 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.


Frequentis AG 6-Month Price Index Related Terms

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


Frequentis AG (XTER:FQT) Business Description

Traded in Other Exchanges
Address
Innovationstrasse 1, Vienna, AUT, 1100
Frequentis AG provides communication and information solutions for safety-critical applications. The company serves the air traffic management sector; public safety, public transport; and maritime markets. It offers Custom-tailored control center solutions through the operating segments of Air Traffic Management (ATM); Public Safety and Transport. It derives a majority of its revenue from the Air Traffic Management segment whose main customers are civil and military air traffic control organizations and homeland security authorities. Public Safety and Transport segment comprise the public safety, public transport, and maritime business units. The order intake is majorly from the European market.

Frequentis AG (XTER:FQT) Headlines

No Headlines