GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Ashland Inc (FRA:AHT) » Definitions » 6-Month Price Index

Ashland (FRA:AHT) 6-Month Price Index : 1.21 (As of Jun. 08, 2024)


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

What is Ashland 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 (2024-06-08), Ashland's 6-Month Price Index is 1.21.

Competitive Comparison of Ashland's 6-Month Price Index

For the Specialty Chemicals subindustry, Ashland'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.

Ashland  (FRA:AHT) 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.

Ashland  (FRA:AHT) 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.

Ashland 6-Month Price Index Related Terms

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

Ashland (FRA:AHT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Ashland Inc (FRA:AHT) » Definitions » 6-Month Price Index
Comparable Companies
BCPC ALTM NEU CBT FUL AVNT ESI CC OLN KWR LIN XPAR:AI SHW ECL APD XSWX:SIKA ISX:TPIA XSWX:GIVN SHSE:600309 DD
Traded in Other Exchanges
ASH:USA
Address
8145 Blazer Drive, Wilmington, DE, USA, 19808
Website
http://www.ashland.com
Ashland Inc is a world-wide specialty materials company that serves a wide range of industrial markets. The company has a business-centric operating model and is organized into four distinct segments: life sciences, personal care, specialty additives, and intermediates. Key customers for the firm include pharmaceutical companies and manufacturers of personal care products, food and beverages, and nutraceuticals and supplements. The life sciences segment derives maximum revenue. Ashland includes only U.S. and Canada in its North America designation and includes Europe, the Middle East and Africa in its Europe designation.