GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Cisco Systems Inc (HKSE:04333) » Definitions » 6-Month Price Index

Cisco Systems (HKSE:04333) 6-Month Price Index : 1.00 (As of Apr. 28, 2024)


View and export this data going back to 2000. Start your Free Trial

What is Cisco Systems 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 (2024-04-28), Cisco Systems's 6-Month Price Index is 1.00.


Competitive Comparison of Cisco Systems's 6-Month Price Index

For the Communication Equipment subindustry, Cisco Systems'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.


Cisco Systems  (HKSE:04333) 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.


Cisco Systems  (HKSE:04333) 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.


Cisco Systems 6-Month Price Index Related Terms

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


Cisco Systems (HKSE:04333) Business Description

Address
170 West Tasman Drive, San Jose, CA, USA, 95134-1706
Cisco Systems is the largest provider of networking equipment in the world and one of the largest software companies in the world. Its largest businesses are selling networking hardware and software (where it has leading market shares) and cybersecurity software like firewalls. It also has collaboration products, like its Webex suite, and observability tools. It primarily outsources its manufacturing to third parties and has a large sales and marketing staff—25,000 strong across 90 countries. Overall, Cisco employees 80,000 employees and sells its products globally.

Cisco Systems (HKSE:04333) Headlines

No Headlines