KNNGF (KION GROUP AG) 6-Month Price Index : 0.78 (As of Dec. 12, 2024)

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What is KION GROUP 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 (2024-12-12), KION GROUP AG's 6-Month Price Index is 0.78.

Competitive Comparison of KION GROUP AG's 6-Month Price Index

For the Farm & Heavy Construction Machinery subindustry, KION GROUP 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.

KION GROUP AG (OTCPK:KNNGF) 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.

KION GROUP AG (OTCPK:KNNGF) 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.

KION GROUP AG 6-Month Price Index Related Terms

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KION GROUP AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » KION GROUP AG (OTCPK:KNNGF) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

KIGRY:USA 1KGX:Italy KGXd:UK 0QFU:UK KGX:Germany KGX:Austria

Address

Thea-Rasche-Strasse 8, Frankfurt am Main, HE, DEU, 60549

Website

https://www.kiongroup.com

Kion Group is the number-two forklift truck manufacturer globally, after Toyota, and the number-one global warehouse automation equipment supplier. The Germany-headquartered company gets 70% of its revenue from the sale of new forklifts and maintenance services. Another roughly 30%, and growing portion, comes from warehouse automation equipment under the Dematic division, which caters to sectors such as e-commerce, third-party logistics, and supermarkets. Kion's forklift trucks and warehouse equipment service the same end markets.