GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » AMAG Austria Metall AG (STU:AM8) » Definitions » 6-Month Price Index

AMAG Austria Metall AG (STU:AM8) 6-Month Price Index : 0.88 (As of Dec. 14, 2024)


View and export this data going back to 2014. Start your Free Trial

What is AMAG Austria Metall 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 (2024-12-14), AMAG Austria Metall AG's 6-Month Price Index is 0.88.

Competitive Comparison of AMAG Austria Metall AG's 6-Month Price Index

For the Aluminum subindustry, AMAG Austria Metall 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.

AMAG Austria Metall AG  (STU:AM8) 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.

AMAG Austria Metall AG  (STU:AM8) 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.

AMAG Austria Metall AG 6-Month Price Index Related Terms

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

AMAG Austria Metall AG Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » AMAG Austria Metall AG (STU:AM8) » Definitions » 6-Month Price Index
Comparable Companies
ATLO FFNW FISB ESQ FRAF RBCAA INBK BKSC STEL PROV SHSE:601600 NSE:HINDALCO OSL:NHY HKSE:01378 XKLS:8869 BUE:ALUA SZSE:000807 MIC:RUAL SHSE:600219 AA
Traded in Other Exchanges
0Q7L:UK AM8:Germany AMAG:Austria
Address
Lamprechtshausener Strasse 61, P.O. Box 3, Braunau-Ranshofen, Ranshofen, AUT, A-5282
Website
https://www.amag-al4u.com
AMAG Austria Metall AG produces and sells high-quality cast and rolled aluminum products. The firm organizes its segments based on function. The metal segment purchases aluminum scrap and produces aluminum. The casting segment produces high-quality cast aluminum alloys for use by the automotive and electrical engineering industries. The rolling segment, which generates the majority of revenue, manufactures high-quality rolled aluminum products such as sheets, strips, and plates for use in the automotive, sports, engineering, and transportation markets. The segment also produces foil for packaging industries. The majority of revenue is generated in Western Europe and Austria.

AMAG Austria Metall AG Headlines

No Headlines