GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Smart Parking Ltd (ASX:SPZ) » Definitions » 6-Month Price Index

Smart Parking (ASX:SPZ) 6-Month Price Index : 1.27 (As of Jun. 03, 2024)


View and export this data going back to 2007. Start your Free Trial

What is Smart Parking 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 (2024-06-03), Smart Parking's 6-Month Price Index is 1.27.


Competitive Comparison of Smart Parking's 6-Month Price Index

For the Infrastructure Operations subindustry, Smart Parking'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.


Smart Parking  (ASX:SPZ) 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.


Smart Parking  (ASX:SPZ) 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.


Smart Parking 6-Month Price Index Related Terms

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


Smart Parking (ASX:SPZ) Business Description

Traded in Other Exchanges
N/A
Address
85 Dundas Place, Albert Park, VIC, AUS, 3206
Smart Parking Ltd engages in the provision of design, development, and management of parking technology. It operates through three segments. The Technology segment consists of the sale of Smart City and IoT technology products and solutions predominantly to the parking market globally; the Parking Management segment, which is the key revenue driver, consists of the provision of car parking management services on behalf of third party car park owners and on sites leased by the company and managed on its own behalf in the UK; and Research and Development segment includes costs to research, develop and enhance software/hardware for both the Technology and Parking Management divisions. Geographically, it has a presence in North America; UK and Europe; Asia, and Australia.

Smart Parking (ASX:SPZ) Headlines

No Headlines