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Akzo Nobel NV (WBO:AKZO) 6-Month Price Index

: 1.03 (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 (2024-04-24), Akzo Nobel NV's 6-Month Price Index is 1.03.


Competitive Comparison

For the Specialty Chemicals subindustry, Akzo Nobel NV'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.


Akzo Nobel NV  (WBO:AKZO) 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.


Akzo Nobel NV  (WBO:AKZO) 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.


Akzo Nobel NV 6-Month Price Index Related Terms

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


Akzo Nobel NV (WBO:AKZO) Business Description

Address
Christian Neefestraat 2, Amsterdam, NH, NLD, 1077 WW
Netherlands-based AkzoNobel is the world's third-largest paint and coatings producer. Europe is the largest market, with around 46% of sales generated in the Europe, Middle East, and Africa, or EMEA, region. Cumulatively, the Asia-Pacific and Latin American divisions have also grown quickly to more than 40% of sales. Construction-related end markets are the most important, but meaningful revenue is also generated from the industrial, consumer goods, and transportation markets.

Akzo Nobel NV (WBO:AKZO) Headlines

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