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Panamax AG (FRA:ICP) 6-Month Price Index : 4.98 (As of Sep. 22, 2024)


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What is Panamax AG 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 (2024-09-22), Panamax AG's 6-Month Price Index is 4.98.

Competitive Comparison of Panamax AG's 6-Month Price Index

For the Asset Management subindustry, Panamax AG'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.

Panamax AG  (FRA:ICP) 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.

Panamax AG  (FRA:ICP) 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.

Panamax AG 6-Month Price Index Related Terms

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

Panamax AG Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Panamax AG (FRA:ICP) » Definitions » 6-Month Price Index
Comparable Companies
STU:HRU HAM:NAB HAM:I8CK HAM:TAV FRA:U1DA XTER:EFF FRA:LDF HAM:C9T FRA:UCA1 BLK KKR BX OSTO:INVE A TSX:BN APO BK AMP LSE:III OSTO:EQT XSWX:PGHN
Traded in Other Exchanges
ICP:Germany
Address
Strasse 10, Muenchener, Frankfurt am Main, Frankfurt, HE, DEU, 60329
Website
https://www.panamax.ag
Panamax Aktiengesellschaft is a Germany-based investment company. It focuses on investing in various sectors, such as environmental technology, financial services, IT, e-business, health products, as well as services and products for small children and babies. The corporate purpose of Panamax Aktiengesellschaft is the formation of corporations and partnerships as well as the acquisition, management, and sale of investments in corporations and partnerships, exclusively in its own name and with its own assets and the provision of management services, in particular accounting, controlling, non-regulatory financing services and marketing.

Panamax AG Headlines

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