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Mycronic AB (STU:MLT) 6-Month Price Index : 1.64 (As of May. 19, 2024)


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What is Mycronic AB 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 (2024-05-19), Mycronic AB's 6-Month Price Index is 1.64.

Competitive Comparison of Mycronic AB's 6-Month Price Index

For the Specialty Industrial Machinery subindustry, Mycronic AB'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.

Mycronic AB  (STU:MLT) 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.

Mycronic AB  (STU:MLT) 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.

Mycronic AB 6-Month Price Index Related Terms

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

Mycronic AB (STU:MLT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Mycronic AB (STU:MLT) » Definitions » 6-Month Price Index
Comparable Companies
OSTO:EPRO B OSTO:TROAX OSTO:BEIA B OSTO:ALIG OSTO:COIC OSTO:NMAN OSTO:XANO B OSTO:CCC OSTO:SINT OSTO:SALT B GE XTER:SIE XPAR:SU ETN ITW OSTO:ATCO A PH XKRX:373220 EMR AME
Traded in Other Exchanges
MYCR:Sweden 0MQG:UK MLT:Germany
Address
Nytorpsvagen 9, P.O. Box 3141, Taby, Stockholm, SWE, 183 03
Website
https://www.mycronic.com
Mycronic AB develops solutions for advanced electronics production. It operates in four segments: Pattern Generators, which develops, manufactures, and markets mask writers and measuring machines for the production of advanced photomasks for displays; The High Flex division develops, manufactures, and markets surface mount technology (SMT) and inspection equipment, focusing on markets for flexible manufacture, primarily in Europe and the USA; The High Volume division develops, manufactures and markets equipment for dispensing and conformal coating of circuit boards, with a focus on high-volume markets in Asia. The Global Technologies division's offering includes advanced production solutions with high levels of differentiation.

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