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Leonardo SpA (Leonardo SpA) 6-Month Price Index : 1.59 (As of Apr. 27, 2024)


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What is Leonardo SpA 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 (2024-04-27), Leonardo SpA's 6-Month Price Index is 1.59.

Competitive Comparison of Leonardo SpA's 6-Month Price Index

For the Aerospace & Defense subindustry, Leonardo SpA'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.

Leonardo SpA  (OTCPK:FINMY) 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.

Leonardo SpA  (OTCPK:FINMY) 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.

Leonardo SpA 6-Month Price Index Related Terms

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Leonardo SpA (Leonardo SpA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Leonardo SpA (OTCPK:FINMY) » Definitions » 6-Month Price Index
Comparable Companies
MIL:FCT MIL:AVIO MIL:DTH MIL:OS MIL:PAG XPAR:AIR RTX BA LMT XPAR:SAF GD NOC TDG LSE:BA. LSE:RR. LHX XPAR:HO HWM BOM:541154 XTER:RHM
Traded in Other Exchanges
FINMF:USA LDO:Italy LDOm:UK 0ONG:UK FMNB:Germany LDO:Austria
Address
Piazza Monte Grappa 4, Rome, ITA, 00195
Website
http://www.leonardocompany.com
Leonardo is one of the largest European defense firms, with 30% of its shares owned by the Italian government. The group's divisions include helicopters; defense, electronics, and security systems; and aeronautics. The helicopter division serves both military and civil markets through AgustaWestland. DES has access to the U.S. defense market through the DRS subsidiary. The aeronautics division cooperates in international programs, such as Eurofighter Typhoon, F-35, and the new Tempest, and supplies aerostructures to large commercial aircraft programs.