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Broadcom (XTER:1YD) 6-Month Price Index : 1.60 (As of Apr. 29, 2024)


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What is Broadcom 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), Broadcom's 6-Month Price Index is 1.60.

Competitive Comparison of Broadcom's 6-Month Price Index

For the Semiconductors subindustry, Broadcom'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.

Broadcom  (XTER:1YD) 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.

Broadcom  (XTER:1YD) 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.

Broadcom 6-Month Price Index Related Terms

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

Broadcom (XTER:1YD) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Broadcom Inc (XTER:1YD) » Definitions » 6-Month Price Index
Comparable Companies
AMD INTC TXN QCOM ADI MU NXPI MRVL MCHP ON NVDA TPE:2330 XKRX:000660 TPE:2454 XTER:IFX XPAR:STMPA HKSE:00981 GFS TSE:6723 MPWR
Traded in Other Exchanges
AVGO:USA AVGON:Mexico 1AVGO:Italy 1YDd:UK AVGO:Canada AVGO34:Brazil
Address
3421 Hillview Avenue, Palo Alto, CA, USA, 94304
Website
https://www.broadcom.com
Broadcom is the sixth-largest semiconductor company globally and has expanded into various software businesses, with over $30 billion in annual revenue. It sells 17 core semiconductor product lines across wireless, networking, broadband, storage, and industrial markets. It is primarily a fabless designer but holds some manufacturing in-house, like for its best-of-breed FBAR filters that sell into the Apple iPhone. In software, it sells virtualization, infrastructure, and security software to large enterprises, financial institutions, and governments.Broadcom is the product of consolidation. Its businesses are an amalgamation of former companies like legacy Broadcom and Avago Technologies in chips, as well as Brocade, CA Technologies, and Symantec in software.

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