GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » 2G Energy AG (CHIX:2GBd) » Definitions » 6-Month Price Index

2G Energy AG (CHIX:2GBD) 6-Month Price Index : 1.00 (As of May. 31, 2024)


View and export this data going back to 2018. Start your Free Trial

What is 2G Energy AG 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 (2024-05-31), 2G Energy AG's 6-Month Price Index is 1.00.

Competitive Comparison of 2G Energy AG's 6-Month Price Index

For the Specialty Industrial Machinery subindustry, 2G Energy AG'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.

2G Energy AG  (CHIX:2GBd) 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.

2G Energy AG  (CHIX:2GBd) 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.

2G Energy AG 6-Month Price Index Related Terms

Thank you for viewing the detailed overview of 2G Energy AG's 6-Month Price Index provided by GuruFocus.com. Please click on the following links to see related term pages.

2G Energy AG (CHIX:2GBD) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » 2G Energy AG (CHIX:2GBd) » Definitions » 6-Month Price Index
Comparable Companies
XTER:HDD XTER:TPE XTER:DEZ XTER:F3C XTER:MXHN XTER:GSC1 XTER:AAG XTER:LPK XTER:SKB STU:AM3D GE XTER:SIE XPAR:SU ETN XKRX:373220 ITW OSTO:ATCO A EMR PH AME
Traded in Other Exchanges
2GB:Germany
Address
Benzstrasse 3, Heek, NW, DEU, 48619
Website
https://www.2-g.de
2G Energy AG is a Germany based company manufacturer and provider of decentralized energy supply systems. The group through development, production, and technical installation, as well as digital grid integration, combined heat and power systems (CHP), offers comprehensive solutions for combined heat and power generation. The product range of the company includes CHP modules for operation deploying natural gas, biogas, other lean gases, and hydrogen. The company's products have applications in sectors like Chemical and pharmaceutical industries, Horticultural, shopping centers, landfills, hotels, heating networks, swimming pools, and others. The group has business operations in Germany and internationally, of which the majority of the revenue is derived from the operations in Germany.

2G Energy AG (CHIX:2GBD) Headlines

No Headlines