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Lanxess AG (XTER:LXS) 6-Month Price Index : 1.17 (As of Dec. 13, 2024)


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What is Lanxess 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 (2024-12-13), Lanxess AG's 6-Month Price Index is 1.17.


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

For the Specialty Chemicals subindustry, Lanxess 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.


Lanxess AG  (XTER:LXS) 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.


Lanxess AG  (XTER:LXS) 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.


Lanxess AG 6-Month Price Index Related Terms

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Lanxess AG Business Description

Address
Kennedyplatz 1, Cologne, DEU, 50569
Lanxess AG is a German chemical company that was originally spun out of Bayer. Lanxess has visibly decommoditised its portfolio in recent years by divesting its synthetic rubber business and is moving toward becoming a specialty chemicals company in the fields of consumer protection chemicals, specialty additives, intermediates, and engineering plastics.
Executives
Sadik Emiroglu Supervisory Board
Dr. Hans-joachim Müller Supervisory Board
Dr. Hubert Fink Board of Directors
Matthias Zachert Board of Directors
Frederique Van Baarle Board of Directors
Oliver Stratmann Board of Directors
Dr. Anno Borkowsky Board of Directors
Michael Pontzen Board of Directors

Lanxess AG Headlines

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