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Konecranes Oyj (LTS:0MET) 6-Month Price Index : 1.37 (As of Jun. 21, 2024)


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What is Konecranes Oyj 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 (2024-06-21), Konecranes Oyj's 6-Month Price Index is 1.37.

Competitive Comparison of Konecranes Oyj's 6-Month Price Index

For the Farm & Heavy Construction Machinery subindustry, Konecranes Oyj'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.

Konecranes Oyj  (LTS:0MET) 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.

Konecranes Oyj  (LTS:0MET) 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.

Konecranes Oyj 6-Month Price Index Related Terms

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

Konecranes Oyj (LTS:0MET) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Konecranes Oyj (LTS:0MET) » Definitions » 6-Month Price Index
Comparable Companies
OHEL:CGCBV OHEL:PON1V OHEL:KELAS OHEL:METSO CAT DE PCAR OSTO:VOLV A TSE:6201 TSE:6301 XAMS:EXO OSTO:EPI A TSE:6326 SHSE:600031 CNHI SZSE:000425 SZSE:000157 AGCO OSK XTER:KGX
Traded in Other Exchanges
KNCRY:USA KNCRF:USA KCRh:UK KCR:Finland K34:Germany
Address
Koneenkatu 8, P.O. Box 661, Hyvinkaa, FIN, FI-05801
Website
https://www.konecranes.com
Konecranes Oyj provides lifting equipment and services for manufacturing industries, shipyards, ports, and terminals. It offers cranes, material handling solutions, and other components geared toward transporting and organizing supplies. Workstation lifting systems, trucks, and various hoists include advanced technologies to increase control and equipment capabilities. Products are marketed through various brands, and sales offices are in multiple regions. The company's global service network provides a full range of service solutions, specialized maintenance, and modernization services for equipment and tools. Inspections, spare parts, and preventive maintenance programs enhance efficiencies and extend product lifecycles.

Konecranes Oyj (LTS:0MET) Headlines

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