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Paychex (BSP:P1AY34) 6-Month Price Index : 1.03 (As of Apr. 27, 2024)


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What is Paychex 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), Paychex's 6-Month Price Index is 1.03.

Competitive Comparison of Paychex's 6-Month Price Index

For the Staffing & Employment Services subindustry, Paychex'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.

Paychex  (BSP:P1AY34) 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.

Paychex  (BSP:P1AY34) 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.

Paychex 6-Month Price Index Related Terms

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

Paychex (BSP:P1AY34) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Paychex Inc (BSP:P1AY34) » Definitions » 6-Month Price Index
Comparable Companies
RHI BZ TNET NSP MAN KFY UPWK KFRC ZIP HRT ADP XAMS:RAND XSWX:ADEN TSE:2181 TSE:2412 TSE:6028 LSE:HAS LSE:PAGE SHSE:600861 TSE:9744
Traded in Other Exchanges
PAYX:USA PCX:Germany
Address
911 Panorama Trail South, Rochester, NY, USA, 14625-2396
Website
https://www.paychex.com
Paychex is a leading provider of payroll, human capital management, and insurance solutions servicing small and midsize clients primarily in the United States. The company, established in 1979, services over 740,000 clients and pays over 1 in 12 U.S. private-sector workers. Alongside its traditional payroll services, Paychex offers HCM solutions such as benefits administration and time and attendance software, as well as human resources outsourcing and insurance agency services.

Paychex (BSP:P1AY34) Headlines

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