GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Schindler Holding AG (OTCPK:SHLRF) » Definitions » 6-Month Price Index

Schindler Holding AG (Schindler Holding AG) 6-Month Price Index : 1.38 (As of Apr. 27, 2024)


View and export this data going back to 2006. Start your Free Trial

What is Schindler Holding 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), Schindler Holding AG's 6-Month Price Index is 1.38.


Competitive Comparison of Schindler Holding AG's 6-Month Price Index

For the Specialty Industrial Machinery subindustry, Schindler Holding 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.


Schindler Holding AG  (OTCPK:SHLRF) 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.


Schindler Holding AG  (OTCPK:SHLRF) 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.


Schindler Holding AG 6-Month Price Index Related Terms

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


Schindler Holding AG (Schindler Holding AG) Business Description

Address
Seestrasse 55, Hergiswil, CHE, 6052
Switzerland-based Schindler is a top-four global supplier of elevators and escalators. The business generates revenue in three ways: selling new elevators and escalators, modernizing old equipment, and servicing existing installations. Most of the company's profit comes from the last activity, where contracts are rolled over annually with built-in price increases. Ninety percent of its business is in elevators, which are more numerous globally than escalators. Its business model is similar to that of closest competitors Otis, Kone, and TK Elevator.

Schindler Holding AG (Schindler Holding AG) Headlines

From GuruFocus

David Herro Comments on Schindler Holding

By Sydnee Gatewood 10-12-2022

Schindler Holdings Has Been Going Up for Years

By Holmes Osborne, CFA Holmes Osborne, CFA 12-11-2015

David Herro Comments on Schindler Holding

By Holly LaFon Holly LaFon 01-09-2014