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Nikola (FRA:8NI0) 6-Month Price Index : 0.10 (As of Dec. 15, 2024)


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What is Nikola 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 (2024-12-15), Nikola's 6-Month Price Index is 0.10.

Competitive Comparison of Nikola's 6-Month Price Index

For the Farm & Heavy Construction Machinery subindustry, Nikola'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.

Nikola  (FRA:8NI0) 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.

Nikola  (FRA:8NI0) 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.

Nikola 6-Month Price Index Related Terms

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

Nikola Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Nikola Corp (FRA:8NI0) » Definitions » 6-Month Price Index
Comparable Companies
WNC ASTE CMCO REVG TWI HY LNN MTW SHYF GENC CAT DE PCAR OSTO:VOLV A TSE:6201 TSE:6301 XAMS:EXO OSTO:EPI A SHSE:600031 TSE:6326
Traded in Other Exchanges
NKLA:USA NKLA:Mexico 1NKLA:Italy 0A3R:UK NKL2:Austria
Address
4141 East Broadway Road, Phoenix, AZ, USA, 85040
Website
https://www.nikolamotor.com
Nikola Corp is a technology innovator and integrator, working to develop inventive energy and transportation solutions. It works on a business model that enables customers and fleets to integrate next-generation truck technology, hydrogen fueling and charging infrastructure, and related maintenance. It operates in two business units: Truck and Energy. The Truck business unit and Energy business unit. The Truck business unit is engaged manufacturing and selling FCEV and BEV trucks that provide, environmentally friendly, cost effective solutions to the trucking sector. The Energy business unit is engaged in developing and constructing a network of hydrogen fueling stations to meet hydrogen fuel demand for the Company's customers.

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