Elhim Iskra AD (XBUL:ELHM) 6-Month Price Index : 0.92 (As of Jun. 20, 2024)

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What is Elhim Iskra AD 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 (2024-06-20), Elhim Iskra AD's 6-Month Price Index is 0.92.

Competitive Comparison of Elhim Iskra AD's 6-Month Price Index

For the Electrical Equipment & Parts subindustry, Elhim Iskra AD'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.

Elhim Iskra AD (XBUL:ELHM) 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.

Elhim Iskra AD (XBUL:ELHM) 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.

Elhim Iskra AD 6-Month Price Index Related Terms

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Elhim Iskra AD (XBUL:ELHM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Elhim Iskra AD (XBUL:ELHM) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

N/A

Address

9 Iskra street, Pazardzhik, BGR, 4400

Website

http://www.elhim-iskra.com

Elhim Iskra AD manufactures lead-acid starter and traction batteries. The batteries are used in the equipment of motor vehicles, agricultural machinery, warehousing equipment, road construction machinery, under-floating equipment, railway transport, electric cars and golf carts, photovoltaic and wind power plants, among others.

Elhim Iskra AD (XBUL:ELHM) Headlines

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