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Valmet (LTS:0QIW) 6-Month Price Index : 0.98 (As of Jun. 07, 2024)


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What is Valmet 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 (2024-06-07), Valmet's 6-Month Price Index is 0.98.

Competitive Comparison of Valmet's 6-Month Price Index

For the Specialty Industrial Machinery subindustry, Valmet'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.

Valmet  (LTS:0QIW) 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.

Valmet  (LTS:0QIW) 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.

Valmet 6-Month Price Index Related Terms

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

Valmet (LTS:0QIW) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Valmet Corp (LTS:0QIW) » Definitions » 6-Month Price Index
Comparable Companies
OHEL:CGCBV OHEL:WRT1V OHEL:SCANFL OHEL:GLA1V OHEL:RAUTE OHEL:VIAFIN OHEL:MERUS OHEL:NORRH OHEL:ELEAV OHEL:KNEBV XTER:SIE GE XPAR:SU ETN OSTO:ATCO A ITW XKRX:373220 PH EMR AME
Traded in Other Exchanges
VLMTY:USA VOYJF:USA VALMT:Finland 2VO:Germany
Address
Keilasatama 5, P.O. Box 11, Espoo, FIN, 02150
Website
https://www.valmet.com
Valmet Corp is a Finland-based company that supplies technologies, automation solutions, and other services to customers in the pulp, paper, and energy industries. The company has three segments: Services, Automation and Process Technologies. It generates maximum revenue from the Process Technologies segment. The Process Technologies segment provides technology solutions for pulp and energy production, as well as for biomass conversion and emission control. Geographically, it derives a majority of revenue from EMEA followed by North America.

Valmet (LTS:0QIW) Headlines

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