SIT SpA (MIL:SIT) 6-Month Price Index : 0.53 (As of Jun. 09, 2024)

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What is SIT SpA 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 (2024-06-09), SIT SpA's 6-Month Price Index is 0.53.

Competitive Comparison of SIT SpA's 6-Month Price Index

For the Specialty Industrial Machinery subindustry, SIT SpA'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.

SIT SpA (MIL:SIT) 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.

SIT SpA (MIL:SIT) 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.

SIT SpA 6-Month Price Index Related Terms

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

SIT SpA (MIL:SIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » SIT SpA (MIL:SIT) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

N/A

Address

Viale A. Volta, 2, Cusago, Milan, ITA, 20090

Website

http://www.sitspa.it

SIT SpA is engaged in the manufacture of industrial products. The company products include timing belt drives, polyurethane belt drives, V-belt drives, POLY-V belt drives, flat belt drives, chain drives, couplings, locking devices, bearing units and rod ends, antivibration mounts, and electronic equipment, motor bases, tensioners, and TEN-SIT. The company exports its products to Spain, France, Germany, Switzerland, the USA, and China.

SIT SpA (MIL:SIT) Headlines

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