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Datron AG (XTER:DAR) 6-Month Price Index : 0.95 (As of May. 22, 2024)


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What is Datron 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 (2024-05-22), Datron AG's 6-Month Price Index is 0.95.

Competitive Comparison of Datron AG's 6-Month Price Index

For the Specialty Industrial Machinery subindustry, Datron 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.

Datron AG  (XTER:DAR) 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.

Datron AG  (XTER:DAR) 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.

Datron AG 6-Month Price Index Related Terms

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

Datron AG (XTER:DAR) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Datron AG (XTER:DAR) » Definitions » 6-Month Price Index
Comparable Companies
FRA:ALXA XTER:SNG FRA:KGR XTER:TTR1 XTER:RSL2 XTER:SKB XTER:LPK GE XTER:SIE XPAR:SU ETN XKRX:373220 ITW OSTO:ATCO A EMR PH AME OTIS CMI ROK
Traded in Other Exchanges
DAR:Germany
Address
In Den Gansackern 5, Muhltal, HE, DEU, D - 64367
Website
http://www.datron.de
DATRON AG group specializes in the development, production, and sale of high-speed CNC milling machines, dental milling machines, high-performance dosing machines, milling tools as well as device-specific software and after-sales services specialized. DATRON high-speed CNC milling machines are particularly suitable for processing future-oriented materials such as aluminum and composite materials. The dental milling machines ensure efficient processing of all common denture materials in dental laboratories. The high-performance metering machines are ideal for industrial sealing and adhesive applications.
Executives
Michael Daniel Board of Directors