GURUFOCUS.COM » STOCK LIST » Technology » Software » Salesforce Inc (BUE:CRM) » Definitions » 6-Month Price Index

Salesforce (BUE:CRM) 6-Month Price Index : 1.56 (As of May. 14, 2024)


View and export this data going back to 2019. Start your Free Trial

What is Salesforce 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 (2024-05-14), Salesforce's 6-Month Price Index is 1.56.

Competitive Comparison of Salesforce's 6-Month Price Index

For the Software - Application subindustry, Salesforce'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.

Salesforce  (BUE:CRM) 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.

Salesforce  (BUE:CRM) 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.

Salesforce 6-Month Price Index Related Terms

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

Salesforce (BUE:CRM) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Salesforce Inc (BUE:CRM) » Definitions » 6-Month Price Index
Comparable Companies
INTU NOW UBER SHOP CDNS WDAY ROP SNOW ADSK TEAM XTER:SAP TSX:CSU XPAR:DSY DDOG TTD HUBS ANSS FICO APP MSTR
Traded in Other Exchanges
CRM:USA CRM:Peru CRM:Mexico CRM_KZ:Kazakhstan 1CRM:Italy FOOd:UK 0QYJ:UK FOO:Germany CRM:Canada SSFO34:Brazil
Address
415 Mission Street, 3rd Floor, Salesforce Tower, San Francisco, CA, USA, 94105
Website
https://www.salesforce.com
Salesforce Inc provides enterprise cloud computing solutions. The company offers customer relationship management technology that brings companies and customers together. Its Customer 360 platform helps the group to deliver a single source of truth, connecting customer data across systems, apps, and devices to help companies sell, service, market, and conduct commerce. It also offers Service Cloud for customer support, Marketing Cloud for digital marketing campaigns, Commerce Cloud as an e-commerce engine, the Salesforce Platform, which allows enterprises to build applications, and other solutions, such as MuleSoft for data integration.