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ALBA SE (LTS:0K7C) 6-Month Price Index : 1.00 (As of May. 26, 2024)


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What is ALBA SE 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 (2024-05-26), ALBA SE's 6-Month Price Index is 1.00.

Competitive Comparison of ALBA SE's 6-Month Price Index

For the Waste Management subindustry, ALBA SE'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.

ALBA SE  (LTS:0K7C) 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.

ALBA SE  (LTS:0K7C) 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.

ALBA SE 6-Month Price Index Related Terms

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

ALBA SE (LTS:0K7C) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » ALBA SE (LTS:0K7C) » Definitions » 6-Month Price Index
Comparable Companies
FRA:BLH XTER:IBU XTER:4DS XTER:PZS HAM:C9T XTER:YOC XTER:RTC XTER:UUU XTER:OBS XTER:BEZ WM RSG WCN XPAR:VIE GFL CLH XMAD:FCC CWST SHSE:603568 SZSE:002340
Traded in Other Exchanges
ABA:Germany
Address
Stollwerckstraße 9a, Cologne, DEU, 51149
Website
http://www.alba-se.com
ALBA SE is a German based holding company providing environmental services. Its activities are divided into two segments including Steel & Metals Recycling segment and Services segment. The Steel and Metals Recycling segment comprises all of the company's subsidiaries that undertake to recycle of steel and metals activities. The Services segment comprises activities, such as take-back of transport packaging, sales packaging and used paper bags, as well as recovery of waste electrical and electronic equipment. A major part of revenue comes from Steel and Metals segment. It operates in Germany, European countries and Non-European countries, Germany being the country with highest sales.

ALBA SE (LTS:0K7C) Headlines

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