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Paramount Global (BSP:C1BS34) 6-Month Price Index : 1.11 (As of Apr. 27, 2024)


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What is Paramount 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 (2024-04-27), Paramount Global's 6-Month Price Index is 1.11.

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

For the Entertainment subindustry, Paramount 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.

Paramount Global  (BSP:C1BS34) 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.

Paramount Global  (BSP:C1BS34) 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.

Paramount Global 6-Month Price Index Related Terms

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

Paramount Global (BSP:C1BS34) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Paramount Global (BSP:C1BS34) » Definitions » 6-Month Price Index
Comparable Companies
EDR TKO ROKU NXST MSGS IQ LLYVA PLAY BATRA MANU NFLX DIS XAMS:UMG LYV WBD XPAR:BOL WMG FWONA NWSA SIRI
Traded in Other Exchanges
PARAP.PFD:USA PARAA:USA PARA:USA PARA:Peru PARA:Mexico 0HQM:UK 0VVB:Germany PARA:Austria
Address
1515 Broadway, New York, NY, USA, 10036
Website
https://www.paramount.com
Paramount Global is the rebranded recombination of CBS and Viacom that has created a media conglomerate with global scale. CBS contributed Showtime in addition to its television assets--the CBS television network, 28 local TV stations, and 50% of CW, a joint venture between CBS and WarnerMedia. Viacom brought several leading cable network properties, including Nickelodeon, MTV, BET, Comedy Central, VH1, CMT, and Paramount. Paramount Pictures produces original motion pictures and owns a library of 2,500 films, including the Mission: Impossible and Transformers series. Paramount operates a number of streaming services, most notably Paramount+ and Pluto TV.

Paramount Global (BSP:C1BS34) Headlines

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