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Faro Technologies (FRA:FT1) 6-Month Price Index : 1.00 (As of Jun. 01, 2024)


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What is Faro 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 (2024-06-01), Faro Technologies's 6-Month Price Index is 1.00.

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

For the Scientific & Technical Instruments subindustry, Faro 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.

Faro Technologies  (FRA:FT1) 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.

Faro Technologies  (FRA:FT1) 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.

Faro Technologies 6-Month Price Index Related Terms

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

Faro Technologies (FRA:FT1) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Faro Technologies Inc (FRA:FT1) » Definitions » 6-Month Price Index
Comparable Companies
VPG MVIS BKSY MLAB LUNA GNSS SOTK WRAP ODYS KNW TSE:6861 GRMN OSTO:HEXA B FTV KEYS TDY TRMB COHR MKSI CGNX
Traded in Other Exchanges
FARO:USA
Address
250 Technology Park, Lake Mary, FL, USA, 32746
Website
https://www.faro.com
Faro Technologies Inc is a global technology company. It designs, develops, manufactures, markets and supports software-driven, three-dimensional (3-D) measurement, imaging, and realization solutions for the 3D metrology, architecture, engineering and construction (AEC), Operations and Maintenance (O&M) and public safety analytics markets. The company enables its customers to capture, measure, manipulate, interact with and share 3D and 2D data from the physical world in a virtual environment and then translate the information back into the physical domain. FARO suite of 3D products and software solutions are used for the inspection of components and assemblies, rapid prototyping, reverse engineering, documenting large volumes or structures in 3D, surveying, and construction.

Faro Technologies (FRA:FT1) Headlines

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