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Hydrix (FRA:STJ) 6-Month Price Index : 0.50 (As of Jun. 13, 2024)


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What is Hydrix 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 (2024-06-13), Hydrix's 6-Month Price Index is 0.50.

Competitive Comparison of Hydrix's 6-Month Price Index

For the Scientific & Technical Instruments subindustry, Hydrix'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.

Hydrix  (FRA:STJ) 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.

Hydrix  (FRA:STJ) 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.

Hydrix 6-Month Price Index Related Terms

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

Hydrix (FRA:STJ) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Hydrix Ltd (FRA:STJ) » Definitions » 6-Month Price Index
Comparable Companies
ASX:OXT ASX:DVL ASX:SBW ASX:X2M TSE:6861 GRMN OSTO:HEXA B FTV KEYS TDY TRMB COHR MKSI CGNX TSE:7701 ST VNT NOVT BMI ITRI
Traded in Other Exchanges
HYD:Australia
Address
30-32 Compark Circuit, Mulgrave, Melbourne, VIC, AUS, 3170
Website
https://www.hydrix.com
Hydrix Ltd engages in the provision of design and development services to customers in the medical, consumer, and industrial sector. It offers a range of sensing products such as Chemring - Portable EM Blocking Device, Universal Biosensors - Coagulation Analyser, Micro X a Mobile X-Ray machine, and others. It offers a range of services including software and electronics; mechanical design; industrial, user experience and human factors engineering; and regulatory, clinical, reimbursement, and quality systems. The firm operates in two segments namely Hydrix Services, and Hydrix Medical. Geographically, it operates within Australia, Singapore, New Zealand, Europe and USA.