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AAR (FRA:ARZ) 6-Month Price Index : 1.19 (As of Apr. 27, 2024)


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What is AAR 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), AAR's 6-Month Price Index is 1.19.

Competitive Comparison of AAR's 6-Month Price Index

For the Aerospace & Defense subindustry, AAR'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.

AAR  (FRA:ARZ) 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.

AAR  (FRA:ARZ) 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.

AAR 6-Month Price Index Related Terms

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

AAR (FRA:ARZ) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » AAR Corp (FRA:ARZ) » Definitions » 6-Month Price Index
Comparable Companies
RKLB MRCY KTOS VVX EVEX CDRE ACHR KAMN VSEC EH XPAR:AIR RTX BA LMT XPAR:SAF GD NOC TDG LSE:BA. LSE:RR.
Traded in Other Exchanges
AIR:USA ARZ:Germany
Address
1100 N. Wood Dale Road, One AAR Place, Wood Dale, IL, USA, 60191
Website
https://www.aarcorp.com
AAR Corp is engaged in providing products and services to aviation, government, and defense market. It operates in two segments namely Aviation Services and Expeditionary Services. The Aviation Services segment consists of aftermarket support and services businesses that provide spares and maintenance support for aircraft operated by it's commercial and government/defense customers. The Expeditionary Services segment consists of businesses that provide products and services supporting the movement of equipment and personnel by the U.S. Department of Defense, foreign governments, and non-governmental organizations. It generates a majority of its revenue from the Aviation Services Segment.

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