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Pactiv Evergreen (FRA:PEG) 6-Month Price Index : 1.13 (As of May. 24, 2024)


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What is Pactiv Evergreen 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 (2024-05-24), Pactiv Evergreen's 6-Month Price Index is 1.13.

Competitive Comparison of Pactiv Evergreen's 6-Month Price Index

For the Packaging & Containers subindustry, Pactiv Evergreen'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.

Pactiv Evergreen  (FRA:PEG) 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.

Pactiv Evergreen  (FRA:PEG) 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.

Pactiv Evergreen 6-Month Price Index Related Terms

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

Pactiv Evergreen (FRA:PEG) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Pactiv Evergreen Inc (FRA:PEG) » Definitions » 6-Month Price Index
Comparable Companies
TRS AMBP MYE OI KRT PACK TUP YHGJ DSS MGIH BALL AVY PKG AMCR IP CCK WRK SZSE:002812 DUB:SK3 XSWX:SIGN
Traded in Other Exchanges
PTVE:USA PEG:Germany
Address
1900 West Field Court, Lake Forest, IL, USA, 60045
Website
https://www.pactivevergreen.com
Pactiv Evergreen Inc is engaged in the business of manufacturing and distributing fresh foodservice and food merchandising products and fresh beverage cartons. It operates in three segments: Foodservice, Food Merchandising, and Beverage Merchandising. These segments manufacture a broad range of products such as food containers, drinkware, tableware, service ware, ready-to-eat food containers, clear rigid-display containers, trays for meat and poultry, molded fiber egg cartons, printed cartons, spouts & filling machines, and other products. The company's geographical segments are the United States, the Rest of North America, and Others, of which the vast majority of its revenue comes from the United States.