GURUFOCUS.COM » STOCK LIST » Technology » Software » EROAD Ltd (ASX:ERD) » Definitions » 6-Month Price Index

EROAD (ASX:ERD) 6-Month Price Index : 0.89 (As of Dec. 12, 2024)


View and export this data going back to 2020. Start your Free Trial

What is EROAD 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 (2024-12-12), EROAD's 6-Month Price Index is 0.89.

Competitive Comparison of EROAD's 6-Month Price Index

For the Software - Infrastructure subindustry, EROAD'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.

EROAD  (ASX:ERD) 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.

EROAD  (ASX:ERD) 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.

EROAD 6-Month Price Index Related Terms

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

EROAD Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » EROAD Ltd (ASX:ERD) » Definitions » 6-Month Price Index
Comparable Companies
NZSE:SPY MSFT ORCL ADBE PANW SNPS VMW FTNT CRWD PLTR SPLK MDB SQ ZS XAMS:ADYEN VRSN NET XKAZ:KSPI FLT AKAM
Traded in Other Exchanges
ERD:New Zealand
Address
North Shore, P.O. Box 305394, Triton Plaza, Auckland, NTL, NZL, 0757
Website
https://www.eroad.com
EROAD Ltd is a New Zealand Based company which is a fully integrated technology, tolling and services provider. It designs and manufactures in-vehicle hardware operates secure payment and merchant gateways and offers web-based value-added services. The company provides electronic on-board units and software as a service to the transport industry. Its products are categorized in RUC Compliance, Health & Safety, and Fleet Management. It operates through four segments: Corporate & Development, North America, Australia, and New Zealand.

EROAD Headlines

No Headlines