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Wacker Neuson SE (WBO:WAC) 6-Month Price Index : 1.04 (As of May. 16, 2024)


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What is Wacker Neuson SE 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 (2024-05-16), Wacker Neuson SE's 6-Month Price Index is 1.04.

Competitive Comparison of Wacker Neuson SE's 6-Month Price Index

For the Farm & Heavy Construction Machinery subindustry, Wacker Neuson SE'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.

Wacker Neuson SE  (WBO:WAC) 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.

Wacker Neuson SE  (WBO:WAC) 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.

Wacker Neuson SE 6-Month Price Index Related Terms

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

Wacker Neuson SE (WBO:WAC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Wacker Neuson SE (WBO:WAC) » Definitions » 6-Month Price Index
Comparable Companies
XTER:PFV FRA:HG1 XTER:F3C XTER:TPE XTER:MXHN XTER:TTR1 XTER:DUE XTER:STM XTER:2GB XTER:GSC1 CAT DE PCAR OSTO:VOLV A XTER:DTG TSE:6201 TSE:6301 XAMS:EXO OSTO:EPI A SHSE:600031
Traded in Other Exchanges
0K11:UK WAC:Germany
Address
Preussenstrasse 41, Munich, DEU, 80809
Website
https://www.wackerneusongroup.com
Wacker Neuson SE manufactures light and heavy equipment for construction, landscaping, agriculture, recycling, energy, and rail industries. Excavators, dumpers, loaders, concrete technology, generators, and saws make up just a portion of the company's product portfolio. Besides, the company offers attachments and accessories for products to help deliver optimal solutions. Wacker Neuson has three business segments: Compact Equipment (approximately half of the total revenue), Light Equipment, and Services. The company offers a range of services, spare parts, and rental equipment through sales and service stations strategically placed around the world. Europe generates the majority of total revenue, but the company also sells to customers in the Americas and Asia-Pacific.

Wacker Neuson SE (WBO:WAC) Headlines

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