GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Bittium Corp (OHEL:BITTI) » Definitions » 6-Month Price Index

Bittium (OHEL:BITTI) 6-Month Price Index : 1.46 (As of Jun. 12, 2024)


View and export this data going back to 1998. Start your Free Trial

What is Bittium 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 (2024-06-12), Bittium's 6-Month Price Index is 1.46.

Competitive Comparison of Bittium's 6-Month Price Index

For the Communication Equipment subindustry, Bittium'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.

Bittium  (OHEL:BITTI) 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.

Bittium  (OHEL:BITTI) 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.

Bittium 6-Month Price Index Related Terms

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

Bittium (OHEL:BITTI) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Bittium Corp (OHEL:BITTI) » Definitions » 6-Month Price Index
Comparable Companies
OHEL:TLT1V CSCO SHSE:601138 MSI HPE OHEL:NOKIA SHSE:688036 OSTO:ERIC B SZSE:000063 ZBRA JNPR SZSE:300394 TPE:2345 CIEN UI SZSE:300502 SHSE:600745 SZSE:300628 SHSE:600487 SZSE:000733
Traded in Other Exchanges
JOT:Germany
Address
Ritaharjuntie 1, Oulu, FIN, 90590
Website
https://www.bittium.com
Bittium Corp is a Finland based company operating in the wireless business. It provides communications and connectivity solutions to customers in the Internet of Things, telecommunications, defense, and healthcare industries. The firm's product portfolio includes LTE smartphones for demanding security and public safety needs, wireless Internet protocol networks, voice over Internet protocol products, and LTE access points for tactical communications. The company develops healthcare technology solutions for biosignal measuring. Geographically, the company operates in Finland, the Americas, Other Europe, and Asia, of which a majority of the revenue is derived from the operations in Finland.

Bittium (OHEL:BITTI) Headlines

No Headlines