GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » SMA Solar Technology AG (OTCPK:SMTGY) » Definitions » 6-Month Price Index

SMTGY (SMA Solar Technology AG) 6-Month Price Index : 1.14 (As of Mar. 26, 2025)


View and export this data going back to 2011. Start your Free Trial

What is SMA Solar Technology AG 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 (2025-03-26), SMA Solar Technology AG's 6-Month Price Index is 1.14.


Competitive Comparison of SMA Solar Technology AG's 6-Month Price Index

For the Solar subindustry, SMA Solar Technology AG'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.


SMA Solar Technology AG  (OTCPK:SMTGY) 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.


SMA Solar Technology AG  (OTCPK:SMTGY) 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.


SMA Solar Technology AG 6-Month Price Index Related Terms

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


SMA Solar Technology AG Business Description

Address
Sonnenallee 1, Niestetal, DEU, 34266
SMA Solar Technology AG produces, develops, and sells systems and solutions for the efficient and sustainable generation, storage and use of solar energy. Its products include PV and battery inverters, monitoring systems for PV systems, charging solutions for electric vehicles as well as energy management systems, and digital services for the future energy supply. The company operates through the following segments; Home Solutions, Commercial & Industrial Solutions, and Large Scale & Project Solutions. The Large Scale & Project Solutions segment, which derives key revenue for the company, offers products, systems and solutions for industrial solar, storage and hydrogen projects as well as for the conversion of utility grids to a higher proportion of renewable energy.