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Smurfit Kappa Group (FRA:SK3) 6-Month Price Index : 1.29 (As of Jun. 07, 2024)


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What is Smurfit Kappa Group 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 (2024-06-07), Smurfit Kappa Group's 6-Month Price Index is 1.29.

Competitive Comparison of Smurfit Kappa Group's 6-Month Price Index

For the Packaging & Containers subindustry, Smurfit Kappa Group'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.

Smurfit Kappa Group  (FRA:SK3) 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.

Smurfit Kappa Group  (FRA:SK3) 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.

Smurfit Kappa Group 6-Month Price Index Related Terms

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Smurfit Kappa Group (FRA:SK3) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Smurfit Kappa Group PLC (FRA:SK3) » Definitions » 6-Month Price Index
Comparable Companies
RNGE AHNR GKIN IMII OSCI ALGLF SILS MNGG AMNP NMEX BALL AVY PKG IP AMCR WRK CCK TSX:CCL.A GPK XSWX:SIGN
Traded in Other Exchanges
SMFTF:USA SMFKY:USA SK3:Ireland SKGl:UK SKG:UK SK3:Germany
Address
Beech Hill, Clonskeagh, Dublin 4, IRL, D04 N2R2
Website
https://www.smurfitkappa.com
Smurfit Kappa Group PLC manufactures and sells paper-based packaging products. The company owns mills that produce containerboard, which is then shipped to the company's plants, where it is converted into corrugated packaging products. The packaging products include solid board, sack kraft paper, and folding cartons. The firm organizes itself into two segments based on geography: Europe and the Americas. The Europe segment generates the majority of the revenue. The Americas segment owns forestland in Latin America, where Smurfit Kappa harvests timber for its mills.

Smurfit Kappa Group (FRA:SK3) Headlines

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