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Vecima Networks (FRA:VCM) 6-Month Price Index : 1.40 (As of May. 21, 2024)


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What is Vecima Networks 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 (2024-05-21), Vecima Networks's 6-Month Price Index is 1.40.

Competitive Comparison of Vecima Networks's 6-Month Price Index

For the Communication Equipment subindustry, Vecima Networks'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.

Vecima Networks  (FRA:VCM) 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.

Vecima Networks  (FRA:VCM) 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.

Vecima Networks 6-Month Price Index Related Terms

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

Vecima Networks (FRA:VCM) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Vecima Networks Inc (FRA:VCM) » Definitions » 6-Month Price Index
Comparable Companies
TSX:QTRH TSX:TSAT TSXV:CMI TSX:BYL TSXV:BEW TSXV:ENA TSXV:TTZ TSXV:YFI XCNQ:NUR TSXV:YTY CSCO SHSE:601138 MSI HPE OHEL:NOKIA SZSE:000063 OSTO:ERIC B SHSE:688036 ZBRA JNPR
Traded in Other Exchanges
VNWTF:USA VCM:Canada
Address
771 Vanalman Avenue, Victoria, BC, CAN, V8Z 3B8
Website
https://www.vecima.com
Vecima Networks Inc focuses on developing integrated hardware and scalable software solutions for broadband access, content delivery, and telematics. The company enables innovators to advance, connect, entertain, and analyze. It operates in three segments namely Video and Broadband Solutions, Content Delivery & Storage, and Telematics. The Video and Broadband Solutions segment design, develop, and distributes electronic communications products to cable and telecommunications markets. The Content Delivery and Storage segment develop advanced applications focused on storing, protecting, and transforming and delivering visual media. Its geographical segment includes the United States, Canada, Europe, Japan, and others, of which the majority of the revenue comes from the United States.

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