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NetApp (FRA:NTA) 6-Month Price Index

: 1.30 (As of Today)
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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 (2024-04-19), NetApp's 6-Month Price Index is 1.30.

Competitive Comparison

For the Computer Hardware subindustry, NetApp'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.

NetApp  (FRA:NTA) 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.

NetApp  (FRA:NTA) 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.

NetApp 6-Month Price Index Related Terms

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

NetApp (FRA:NTA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » NetApp Inc (FRA:NTA) » Definitions » 6-Month Price Index
Comparable Companies
WDC STX PSTG HPQ IONQ CRSR CRCT SSYS NNDM DDD ANET DELL SMCI SZSE:002415 TPE:2382 TSE:7751 SHSE:688041 HKSE:00992 XSWX:LOGN TPE:6669
Traded in Other Exchanges
NTAP:USA NTA:Germany
Address
3060 Olsen Drive, San Jose, CA, USA, 95128
Website
https://www.netapp.com
NetApp Inc is a leading provider of enterprise data management and storage solutions. The company's segments include Hybrid Cloud and Public Cloud. It generates maximum revenue from the Hybrid Cloud segment. The Hybrid Cloud segment offers a portfolio of storage management and infrastructure solutions that help customers recast their traditional data centers with the power of cloud. This portfolio is designed to operate with public clouds to unlock the potential of hybrid, multi-cloud operations. Hybrid Cloud is composed of software, hardware, and related support, as well as professional and other services.

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