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Shake Shack (FRA:9SH) 6-Month Price Index : 1.90 (As of May. 11, 2024)


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What is Shake Shack 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 (2024-05-11), Shake Shack's 6-Month Price Index is 1.90.

Competitive Comparison of Shake Shack's 6-Month Price Index

For the Restaurants subindustry, Shake Shack'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.

Shake Shack  (FRA:9SH) 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.

Shake Shack  (FRA:9SH) 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.

Shake Shack 6-Month Price Index Related Terms

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

Shake Shack (FRA:9SH) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Shake Shack Inc (FRA:9SH) » Definitions » 6-Month Price Index
Comparable Companies
PZZA BLMN ARCO BROS CAKE EAT CBRL JACK SG CNNE MCD SBUX CMG LSE:CPG YUM TSX:QSP.UN YUMC TSX:QSR DRI HKSE:06862
Traded in Other Exchanges
SHAK:USA SHAK:Mexico 9SH:Germany
Address
225 Varick Street, Suite 301, New York, NY, USA, 10014
Website
https://www.shakeshack.com
Shake Shack Inc is a roadside burger stands. It is serving a classic American menu of premium burgers, hot dogs, crispy chicken, frozen custard, crinkle-cut fries, shakes, beer, wine and more. The company's burgers are made with a whole-muscle blend of all-natural, hormone and antibiotic-free Angus beef, ground fresh daily, cooked to order and served on a non-genetically modified organism (GMO) potato bun. Its menu focuses on food and beverages, crafted from a range of classic American foods. The company serves draft Root Beer, seasonal freshly-squeezed lemonade, organic fresh brewed iced tea, cold brew coffee, organic apple juice, and Shack20 bottled water.

Shake Shack (FRA:9SH) Headlines

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