GURUFOCUS.COM » STOCK LIST » Technology » Software » Palantir Technologies Inc (BSP:P2LT34) » Definitions » 6-Month Price Index

Palantir Technologies (BSP:P2LT34) 6-Month Price Index : 1.15 (As of Jun. 03, 2024)


View and export this data going back to 2021. Start your Free Trial

What is Palantir Technologies 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), Palantir Technologies's 6-Month Price Index is 1.15.


Competitive Comparison of Palantir Technologies's 6-Month Price Index

For the Software - Infrastructure subindustry, Palantir Technologies'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.


Palantir Technologies  (BSP:P2LT34) 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.


Palantir Technologies  (BSP:P2LT34) 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.


Palantir Technologies 6-Month Price Index Related Terms

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


Palantir Technologies (BSP:P2LT34) Business Description

Traded in Other Exchanges
Address
1200 17th Street, Floor 15, Denver, CO, USA, 80202
Palantir is an analytical software company that focuses on leveraging data to create efficiencies in its clients' organizations. The firm serves commercial and government clients via its Foundry and Gotham platforms, respectively. The Denver-based company was founded in 2003 and went public in 2020.

Palantir Technologies (BSP:P2LT34) Headlines

No Headlines