/term/priceindex-6m/MIL:VNE VNE SpA (MIL:VNE) 6-Month Price Index
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VNE SpA (MIL:VNE) 6-Month Price Index : 0.77 (As of Jun. 20, 2024)


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What is VNE 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 (2024-06-20), VNE SpA's 6-Month Price Index is 0.77.


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

For the Specialty Industrial Machinery subindustry, VNE 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.


VNE SpA  (MIL:VNE) 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.


VNE SpA  (MIL:VNE) 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.


VNE SpA 6-Month Price Index Related Terms

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


VNE SpA (MIL:VNE) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Via Biagioni, 371 loc. Querceta, Seravezza (Lu), ITA, 55047
VNE SpA produces hardware and software for the management of banknotes, coins and more generally payments and transactions through cash and cashless systems, offering a wide range of customized products and boasting a production of over 7,000 machines a year. It creates, samples and produces all its appliances internally. The company offers consulting and commercial assistance all over the world through a stable and efficient operating network; moreover, it guarantees qualified and immediate maintenance and technical assistance anywhere on every type of machine. The main markets where the company operates internationally are gambling, retail & vending, casino & ticket and wherever there is a need to manage payments or automated transactions.