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Andritz AG (WBO:ANDR) 6-Month Price Index : 1.21 (As of Apr. 28, 2024)


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What is Andritz AG 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), Andritz AG's 6-Month Price Index is 1.21.

Competitive Comparison of Andritz AG's 6-Month Price Index

For the Industrial Distribution subindustry, Andritz AG'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.

Andritz AG  (WBO:ANDR) 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.

Andritz AG  (WBO:ANDR) 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.

Andritz AG 6-Month Price Index Related Terms

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

Andritz AG (WBO:ANDR) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Andritz AG (WBO:ANDR) » Definitions » 6-Month Price Index
Comparable Companies
WBO:FKA GWW FAST FERG WSO POOL ASX:REH XKRX:047050 WCC OSTO:INDT TSX:TIH SITE AIT MSM CNM LSE:DPLM BECN TSX:FTT LSE:RS1 OSTO:ADDT B
Traded in Other Exchanges
ADRZY:USA ADRZF:USA 0MJZ:UK AZ2:Germany ANDR:Czech Republic
Address
Stattegger Strasse 18, Graz, AUT, 8045
Website
https://www.andritz.com
Andritz AG is a producer of high-technology industrial machinery and operates through four operating segments: ANDRITZ Pulp & Paper provides sustainable technology, automation, and service solutions for the production of all types of pulp, paper, board, and tissue, ANDRITZ Metals includes suppliers of technologies, plants, and digital solutions in metal forming, and also includes automation and software solutions, process know-how, and service, ANDRITZ Hydro includes suppliers of electromechanical equipment and services for hydropower plants, and ANDRITZ Separation provides mechanical and thermal technologies as well as services and the related automation solutions for solid/liquid separation, serving the chemical, environmental, food, and the mining and minerals industries.