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Ceconomy AG (Ceconomy AG) 6-Month Price Index : 1.15 (As of Apr. 27, 2024)


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What is Ceconomy 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 (2024-04-27), Ceconomy AG's 6-Month Price Index is 1.15.


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

For the Specialty Retail subindustry, Ceconomy 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.


Ceconomy AG  (OTCPK:MTTRY) 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.


Ceconomy AG  (OTCPK:MTTRY) 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.


Ceconomy AG 6-Month Price Index Related Terms

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


Ceconomy AG (Ceconomy AG) Business Description

Address
Kaistrasse 3, Dusseldorf, NW, DEU, 40221
Ceconomy AG is engaged in the consumer electronics retail business. It operates multichannel consumer electronics stores under the MediaMarkt and Saturn brand names; redcoon.de, an online electronics store; and JUKE, a music streaming service that comprises songs, films, games, and e-books. The company also operates iBOOD, a live-shopping portal; Flip4New, a purchasing service for consumer electronics, which allows customers to sell used electronic articles; and LocaFox, a local commerce platform that connects local retailers with the multichannel world. Its operating segment includes DACH; Western/ Southern Europe; Eastern Europe and others. The company derives a majority of its revenue from the DACH segment which includes Germany, Austria, Switzerland, and Hungary.

Ceconomy AG (Ceconomy AG) Headlines

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