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Ciena (STU:CIE1) 6-Month Price Index : 1.79 (As of Dec. 15, 2024)


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What is Ciena 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 (2024-12-15), Ciena's 6-Month Price Index is 1.79.

Competitive Comparison of Ciena's 6-Month Price Index

For the Communication Equipment subindustry, Ciena'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.

Ciena  (STU:CIE1) 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.

Ciena  (STU:CIE1) 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.

Ciena 6-Month Price Index Related Terms

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

Ciena Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ciena Corp (STU:CIE1) » Definitions » 6-Month Price Index
Comparable Companies
JNPR SATS LITE PI BDC ASTS VIAV EXTR AAOI INFN CSCO MSI SHSE:601138 HPE OSTO:ERIC B OHEL:NOKIA UI ZBRA SZSE:000063 SZSE:300502
Traded in Other Exchanges
CIEN:USA CIEN:Mexico 1CIEN:Italy CIE1:Germany
Address
7035 Ridge Road, Hanover, MD, USA, 21076
Website
https://www.ciena.com
Ciena Corp is a network and technology company. It provides network hardware, software, and services that support the transport, switching, aggregation, service delivery, and management of video, data, and voice traffic on communications networks. It serves various industries such as communication services providers, web-scale providers, cable operators, government, and large enterprises world-wide. The business activities function through Networking Platforms; Platform Software and Services; Blue Planet Automation Software, and Global Services segments. Geographically, its presence is seen in the markets of the United States, Canada, the Caribbean, Latin America, Europe, the Middle East, Africa, the Asia Pacific, Japan, and India. The maximum revenue is generated from Americas.

Ciena Headlines

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