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Akamai Technologies (LTS:0HBQ) 6-Month Price Index : 1.00 (As of Apr. 27, 2024)


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What is Akamai Technologies 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), Akamai Technologies's 6-Month Price Index is 1.00.

Competitive Comparison of Akamai Technologies's 6-Month Price Index

For the Software - Infrastructure subindustry, Akamai Technologies'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.

Akamai Technologies  (LTS:0HBQ) 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.

Akamai Technologies  (LTS:0HBQ) 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.

Akamai Technologies 6-Month Price Index Related Terms

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Akamai Technologies (LTS:0HBQ) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Akamai Technologies Inc (LTS:0HBQ) » Definitions » 6-Month Price Index
Comparable Companies
GDDY OKTA NTNX GEN VRSN CHKP TOST PATH IOT AFRM MSFT ORCL ADBE PANW SNPS CRWD XAMS:ADYEN FTNT SQ PLTR
Traded in Other Exchanges
AKAM:USA AK3:Germany A1KA34:Brazil
Address
145 Broadway, Cambridge, MA, USA, 02142
Website
https://www.akamai.com
Akamai operates a content delivery network, or CDN, which entails locating servers at the edges of networks so its customers, which store content on Akamai servers, can reach their own customers faster, more securely, and with better quality. Akamai has over 325,000 servers distributed over 4,100 points of presence in more than 1,000 cities worldwide. Its customers generally include media companies, which stream video content or make video games available for download, and other enterprises that run interactive or high-traffic websites, such as e-commerce firms and financial institutions. Akamai also has a significant security business, which is integrated with its core delivery and computing businesses to protect customers from cyberthreats.

Akamai Technologies (LTS:0HBQ) Headlines

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