Grupa RECYKL (WAR:GRC) 6-Month Price Index : 1.06 (As of Jun. 10, 2024)

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What is Grupa RECYKL 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 (2024-06-10), Grupa RECYKL's 6-Month Price Index is 1.06.

Competitive Comparison of Grupa RECYKL's 6-Month Price Index

For the Waste Management subindustry, Grupa RECYKL'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.

Grupa RECYKL (WAR:GRC) 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.

Grupa RECYKL (WAR:GRC) 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.

Grupa RECYKL 6-Month Price Index Related Terms

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Grupa RECYKL (WAR:GRC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Grupa RECYKL SA (WAR:GRC) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

N/A

Address

Srem Ulica Summer 3, Province Greater, POL, 63-100

Website

http://www.recykl.pl

Grupa RECYKL SA is engaged in waste management services in Poland. The company primarily involved in the recovery and recycling of worn tires. It also provides rubber granulates for burning in cement industries; rubber granulate with fibers and steel cords.