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Titan Machinery (FRA:3TY) 6-Month Price Index : 0.75 (As of May. 26, 2024)


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What is Titan Machinery 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 (2024-05-26), Titan Machinery's 6-Month Price Index is 0.75.

Competitive Comparison of Titan Machinery's 6-Month Price Index

For the Industrial Distribution subindustry, Titan Machinery'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.

Titan Machinery  (FRA:3TY) 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.

Titan Machinery  (FRA:3TY) 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.

Titan Machinery 6-Month Price Index Related Terms

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

Titan Machinery (FRA:3TY) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Titan Machinery Inc (FRA:3TY) » Definitions » 6-Month Price Index
Comparable Companies
EVI DXPE BXC TRNS WARM GIC DSGR GWW FERG FAST WSO POOL ASX:REH CNM OSTO:INDT WCC TSX:TIH SITE AIT BECN
Traded in Other Exchanges
TITN:USA
Address
644 East Beaton Drive, West Fargo, ND, USA, 58078-2648
Website
https://www.titanmachinery.com
Titan Machinery Inc owns and operates a network of full-service agricultural and construction equipment stores. The company sells and repairs agricultural equipment, including machinery and attachments for large-scale farming and home and gardening purposes, as well as construction equipment. It operates through the following segments: The Agriculture segment sells, services, and rents machinery and related parts and attachments, for uses ranging from large-scale farming to home and garden use, The construction segment sells, services, and rents machinery, and related parts and attachments, for uses ranging from heavy construction to light industrial machinery use, and the International segment sells services, rents machinery, and related parts.

Titan Machinery (FRA:3TY) Headlines

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