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Elementis (LSE:ELM) 6-Month Price Index : 1.25 (As of Apr. 29, 2024)


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What is Elementis 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 (2024-04-29), Elementis's 6-Month Price Index is 1.25.

Competitive Comparison of Elementis's 6-Month Price Index

For the Specialty Chemicals subindustry, Elementis'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.

Elementis  (LSE:ELM) 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.

Elementis  (LSE:ELM) 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.

Elementis 6-Month Price Index Related Terms

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

Elementis (LSE:ELM) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Elementis PLC (LSE:ELM) » Definitions » 6-Month Price Index
Comparable Companies
LSE:VCT LSE:ESNT LSE:SYNT LSE:TET LSE:ZTF LSE:IOF LSE:ITX LSE:DCTA LSE:HAYD LSE:HDD LIN XPAR:AI SHW ECL APD XSWX:SIKA XSWX:GIVN SHSE:600309 PPG LYB
Traded in Other Exchanges
EMNSF:USA ELMTY:USA ELMl:UK E3E:Germany
Address
55-57 High Holborn, Caroline House, London, GBR, WC1V 6DX
Website
https://www.elementis.com
Elementis PLC manufactures and sells a variety of chemicals and coatings. The firm organizes itself into five segments based on product type: personal care, coatings, talc, and chromium. These segments produce chemical modifiers and additives for their respective products and services, which include anti-perspirants, decorative and industrial coatings, plastics, chrome metal finishing, and oil and gas drilling. Most of the company's revenue comes from North America, and coatings are the company's largest segment.

Elementis (LSE:ELM) Headlines

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