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DMG Mori Aktiengesellschaft (XTER:GIL) 6-Month Price Index : 1.00 (As of May. 21, 2024)


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What is DMG Mori Aktiengesellschaft 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 (2024-05-21), DMG Mori Aktiengesellschaft's 6-Month Price Index is 1.00.


Competitive Comparison of DMG Mori Aktiengesellschaft's 6-Month Price Index

For the Tools & Accessories subindustry, DMG Mori Aktiengesellschaft'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.


DMG Mori Aktiengesellschaft  (XTER:GIL) 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.


DMG Mori Aktiengesellschaft  (XTER:GIL) 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.


DMG Mori Aktiengesellschaft 6-Month Price Index Related Terms

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DMG Mori Aktiengesellschaft (XTER:GIL) Business Description

Traded in Other Exchanges
Address
Gildemeisterstrasse 60, Bielefeld, DEU, D-33689
DMG Mori Aktiengesellschaft is a manufacturer of metal-cutting machine tools. The company operates three business segments: machine tools, industrial services, and corporate services. The machine tools segment includes turning and milling companies that produce lathes and milling machines, advanced technologies, and software solutions. Industrial solutions include the entire machine life cycle services. The largest end markets are Germany and the rest of Europe. The company is majority-owned by DMG Mori Company.