GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Elma Electronic AG (XSWX:ELMN) » Definitions » 6-Month Price Index

Elma Electronic AG (XSWX:ELMN) 6-Month Price Index : 1.01 (As of Dec. 12, 2024)


View and export this data going back to 1996. Start your Free Trial

What is Elma Electronic 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 (2024-12-12), Elma Electronic AG's 6-Month Price Index is 1.01.


Competitive Comparison of Elma Electronic AG's 6-Month Price Index

For the Computer Hardware subindustry, Elma Electronic 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.


Elma Electronic AG  (XSWX:ELMN) 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.


Elma Electronic AG  (XSWX:ELMN) 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.


Elma Electronic AG 6-Month Price Index Related Terms

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


Elma Electronic AG Business Description

Traded in Other Exchanges
N/A
Address
Hofstrasse 93, Wetzikon, CHE, 8620
Elma Electronic AG is a Switzerland-based company. It acts as a manufacturer of electronic packaging products for the embedded systems market from components, backplanes, storage boards and chassis platforms to fully integrated systems. The product line of the company includes embedded boards such as mass storage, ethernet and PCIe switches, architecture solutions, embedded computing systems, system accessories, and rack level services. It also offers engineering services, contract manufacturing, system integration, customization and other services.

Elma Electronic AG Headlines

No Headlines