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Honeywell International (MEX:HON) 6-Month Price Index : 1.20 (As of Dec. 15, 2024)


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What is Honeywell International 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 (2024-12-15), Honeywell International's 6-Month Price Index is 1.20.

Competitive Comparison of Honeywell International's 6-Month Price Index

For the Conglomerates subindustry, Honeywell International'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.

Honeywell International  (MEX:HON) 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.

Honeywell International  (MEX:HON) 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.

Honeywell International 6-Month Price Index Related Terms

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Honeywell International Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Honeywell International Inc (MEX:HON) » Definitions » 6-Month Price Index
Comparable Companies
MMM VMI MDU GFF SEB CODI DLX FIP MATW SPLP ADX:IHC TSE:6501 TSE:8001 TSE:8058 TSE:8031 HKSE:00267 ADX:ALPHADHABI TSE:8002 TSE:8053 TSE:4901
Traded in Other Exchanges
HON:USA 1HON:Italy ALDB:Germany ALD:Germany ALD:Germany ALD:Germany ALD:Germany HON:Canada HONB34:Brazil HON:Argentina
Address
855 South Mint Street, Charlotte, NC, USA, 28202
Website
https://www.honeywell.com
Honeywell traces its roots to 1885 with Albert Butz's firm, Butz Thermo-Electric Regulator, which produced a predecessor to the modern thermostat. Other inventions by Honeywell include biodegradable detergent and autopilot. Today, Honeywell is a global multi-industry behemoth with one of the largest installed bases of equipment. It operates through four business segments: aerospace technologies (37% of 2023 company revenue), industrial automation (29%), energy and sustainability solutions (17%), and building automation (17%). Recently, Honeywell has made several portfolio changes to focus on fewer end markets and align with a set of secular growth trends. The firm is working diligently to expand its installed base, deriving around 30% of its revenue from recurring aftermarket services.