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Northrop Grumman (WBO:NOCO) 6-Month Price Index : 0.98 (As of Apr. 29, 2024)


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What is Northrop Grumman 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), Northrop Grumman's 6-Month Price Index is 0.98.

Competitive Comparison of Northrop Grumman's 6-Month Price Index

For the Aerospace & Defense subindustry, Northrop Grumman'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.

Northrop Grumman  (WBO:NOCO) 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.

Northrop Grumman  (WBO:NOCO) 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.

Northrop Grumman 6-Month Price Index Related Terms

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

Northrop Grumman (WBO:NOCO) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Northrop Grumman Corp (WBO:NOCO) » Definitions » 6-Month Price Index
Comparable Companies
TDG GD LHX BA LMT HWM HEI.A AXON TXT HII GE RTX XPAR:AIR XPAR:SAF LSE:BA. LSE:RR. XPAR:HO BOM:541154 XTER:RHM SHSE:600150
Traded in Other Exchanges
NOC:USA NOC:Mexico NTH:Germany NTH:Germany NTH:Germany NOCG34:Brazil
Address
2980 Fairview Park Drive, Falls Church, VA, USA, 22042
Website
https://www.northropgrumman.com
Northrop Grumman is a diversified defense contractor providing aeronautics, defense, mission, and space systems. The company's aerospace segment creates the fuselage for the massive F-35 program and produces autonomous and piloted aircraft such as Global Hawk drones and the new B-21 bomber. Defense systems makes artillery and missile ammunition and guidance systems, missile defense systems, and conducts maintenance and upgrades on numerous military aircraft. Mission systems creates and integrates a variety of radar, navigation, and communication systems for avionics, weapons control, and countermeasures on a range of platforms from helicopters to destroyers. Finally, space systems produces satellites, sensors, space structures, and manufactures long-range missiles and rocket motors.

Northrop Grumman (WBO:NOCO) Headlines

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