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Mikron Holding AG (XSWX:MIKN) 6-Month Price Index : 1.36 (As of Apr. 29, 2024)


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What is Mikron Holding 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 (2024-04-29), Mikron Holding AG's 6-Month Price Index is 1.36.

Competitive Comparison of Mikron Holding AG's 6-Month Price Index

For the Specialty Industrial Machinery subindustry, Mikron Holding 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.

Mikron Holding AG  (XSWX:MIKN) 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.

Mikron Holding AG  (XSWX:MIKN) 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.

Mikron Holding AG 6-Month Price Index Related Terms

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Mikron Holding AG (XSWX:MIKN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Mikron Holding AG (XSWX:MIKN) » Definitions » 6-Month Price Index
Comparable Companies
XSWX:STGN XSWX:FTON XSWX:MTG XSWX:PMN XSWX:KLIN XSWX:RIEN XSWX:STRN XSWX:PEDU XSWX:MEDX XSWX:KOMN GE XTER:SIE XPAR:SU ETN ITW OSTO:ATCO A PH XKRX:373220 EMR AME
Traded in Other Exchanges
MIKNz:UK
Address
Muhlebrucke 2, Biel, CHE, CH-2502
Website
https://www.mikron.com
Mikron Holding AG operates in automation and machining systems that enable extremely precise and productive manufacturing processes. The group engages in the automotive, pharmaceutical, medtech, consumer goods, and watchmaking industries. The business activities are operated through Mikron Machining Solutions and Mikron Automation segments. The Mikron Machining Solutions segment offers customized machining solutions for the manufacturing of complex high-precision components made of metal, such as turbocharger housings, injection nozzles, and ballpoint pen tips. The Mikron Automation segment is a key revenue driver, and manufactures customized automation solutions for the assembly and testing of products.

Mikron Holding AG (XSWX:MIKN) Headlines

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