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Carrier Global (XTER:4PN) 6-Month Price Index : 1.24 (As of May. 26, 2024)


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What is Carrier Global 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 (2024-05-26), Carrier Global's 6-Month Price Index is 1.24.

Competitive Comparison of Carrier Global's 6-Month Price Index

For the Building Products & Equipment subindustry, Carrier Global'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.

Carrier Global  (XTER:4PN) 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.

Carrier Global  (XTER:4PN) 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.

Carrier Global 6-Month Price Index Related Terms

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

Carrier Global (XTER:4PN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Carrier Global Corp (XTER:4PN) » Definitions » 6-Month Price Index
Comparable Companies
TT JCI BLDR LII CSL MAS OC WMS FBIN TREX TSE:6367 XPAR:SGO XSWX:GEBN DUB:KRX OSTO:NIBE B SZSE:002271 HKSE:06865 BOM:509930 NSE:ASTRAL SZSE:000786
Traded in Other Exchanges
CARR:USA CARR:Mexico C1RR34:Brazil CARG:Austria
Address
13995 Pasteur Boulevard, Palm Beach Gardens, FL, USA, 33418
Website
https://www.corporate.carrier.com
Carrier Global manufactures heating, ventilation, and air conditioning, refrigeration, and fire and security products. The HVAC business serves both residential and commercial markets (HVAC segment sales mix is 60% commercial and 40% residential). Carrier's refrigeration segment consists of its transportation refrigeration, Sensitech supply chain monitoring, and commercial refrigeration businesses. The firm's fire and security business manufactures fire detection and suppression, access controls, and intrusion detection products. In April 2023, Carrier announced that it plans to divest its fire and security and commercial refrigeration businesses. The firm also announced the pending acquisition of Germany-based Viessmann for approximately $13 billion.

Carrier Global (XTER:4PN) Headlines

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