GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Wacker Chemie AG (OTCPK:WKCMF) » Definitions » 6-Month Price Index

Wacker Chemie AG (Wacker Chemie AG) 6-Month Price Index : 0.90 (As of Apr. 30, 2024)


View and export this data going back to 2009. Start your Free Trial

What is Wacker Chemie 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 (2024-04-30), Wacker Chemie AG's 6-Month Price Index is 0.90.

Competitive Comparison of Wacker Chemie AG's 6-Month Price Index

For the Specialty Chemicals subindustry, Wacker Chemie 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.

Wacker Chemie AG  (OTCPK:WKCMF) 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.

Wacker Chemie AG  (OTCPK:WKCMF) 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.

Wacker Chemie AG 6-Month Price Index Related Terms

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

Wacker Chemie AG (Wacker Chemie AG) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Wacker Chemie AG (OTCPK:WKCMF) » Definitions » 6-Month Price Index
Comparable Companies
XTER:LXS XTER:VBK XTER:EVK XTER:1COV XTER:NTG XTER:MZX XTER:BNN FRA:3330 XTER:BNR XTER:SY1 LIN XPAR:AI SHW ECL APD XSWX:SIKA XSWX:GIVN SHSE:600309 ISX:TPIA LYB
Traded in Other Exchanges
1WCH:Italy WCHd:UK 0NR4:UK WCH:Germany
Address
Hanns-Seidel-Platz 4, Munich, BY, DEU, 81737
Website
https://www.wacker.com
Wacker Chemie AG manufactures and sells chemicals and silicon-based products. The firm organizes itself into four segments based on product type. The Wacker Silicones segment, which generates the most revenue of any segment, sells silicon- and methanol-based products, including durable insulators, lubricants, and sealants. The Wacker Polymers segment provides chemical binders and additives used in construction industry products. The Wacker Biosolutions segment sells chemicals to the pharmaceutical and agrochemical industries. The Wacker Polysilicon segment sells material for solar power and semiconductors. The majority of revenue comes from Europe, China, India, and South Korea.

Wacker Chemie AG (Wacker Chemie AG) Headlines

From GuruFocus

Wacker Chemical and the PIE Innovation Center Team Up for Workforce Development

By PRNewswire • 10-03-2023