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Scanfil (OHEL:SCANFL) 6-Month Price Index : 1.00 (As of May. 25, 2024)


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What is Scanfil 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 (2024-05-25), Scanfil's 6-Month Price Index is 1.00.

Competitive Comparison of Scanfil's 6-Month Price Index

For the Specialty Industrial Machinery subindustry, Scanfil'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.

Scanfil  (OHEL:SCANFL) 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.

Scanfil  (OHEL:SCANFL) 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.

Scanfil 6-Month Price Index Related Terms

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

Scanfil (OHEL:SCANFL) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Scanfil PLC (OHEL:SCANFL) » Definitions » 6-Month Price Index
Comparable Companies
OHEL:GLA1V OHEL:RAUTE OHEL:VIAFIN OHEL:MERUS OHEL:NORRH OHEL:ELEAV OHEL:CGCBV GE XTER:SIE XPAR:SU ETN XKRX:373220 ITW OSTO:ATCO A EMR PH AME OTIS CMI ROK
Traded in Other Exchanges
S0A:Germany
Address
Yritystie 6, Sievi, FIN, 85410
Website
https://www.scanfil.com
Scanfil PLC is an international contract manufacturer and system supplier for the electronics industry. It manufactures mobile and communications network devices, automation system modules, frequency converters, lift control systems, analyzers, various slots, and vending machines, and devices related to medical technology and meteorology. It provides its customers with an extensive array of services, ranging from product design to product manufacturing, material procurement, and logistics solutions. The company's segments include Advanced Consumer Applications, Automation & Safety, Connectivity, Energy & Cleantech, and Medtech & Life Science.

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