GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Daktronics Inc (FRA:DA3) » Definitions » 6-Month Price Index

Daktronics (FRA:DA3) 6-Month Price Index : 1.35 (As of Jun. 11, 2024)


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

What is Daktronics 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 (2024-06-11), Daktronics's 6-Month Price Index is 1.35.

Competitive Comparison of Daktronics's 6-Month Price Index

For the Electronic Components subindustry, Daktronics'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.

Daktronics  (FRA:DA3) 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.

Daktronics  (FRA:DA3) 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.

Daktronics 6-Month Price Index Related Terms

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

Daktronics (FRA:DA3) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Daktronics Inc (FRA:DA3) » Definitions » 6-Month Price Index
Comparable Companies
OUST LYTS ALNT MEI WBX RELL BELFB OPTX MPTI KOPN APH TPE:2317 TEL TSE:6981 SZSE:002475 GLW TPE:2308 SZSE:000725 XKRX:006400 TSE:6762
Traded in Other Exchanges
DAKT:USA
Address
201 Daktronics Drive, Brookings, SD, USA, 57006
Website
https://www.daktronics.com
Daktronics Inc designs and manufactures electronic scoreboards, programmable display systems, and large screen video displays for sporting, commercial and transportation applications. It is engaged in a full range of activities: marketing and sales, engineering and product design and development, manufacturing, technical contracting, professional services, and customer service and support. The company offers a complete line of products, from small scoreboards and electronic displays to large multimillion-dollar video display systems as well as related control, timing, and sound systems. The company has five reportable segments such as Commercial, Live Events, High School Park and Recreation, Transportation, and International. The company makes majority of its revenue from Live events.

Daktronics (FRA:DA3) Headlines

No Headlines