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Axon Enterprise (FRA:TCS) 6-Month Price Index : 1.19 (As of Jun. 05, 2024)


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What is Axon Enterprise 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 (2024-06-05), Axon Enterprise's 6-Month Price Index is 1.19.

Competitive Comparison of Axon Enterprise's 6-Month Price Index

For the Aerospace & Defense subindustry, Axon Enterprise'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.

Axon Enterprise  (FRA:TCS) 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.

Axon Enterprise  (FRA:TCS) 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.

Axon Enterprise 6-Month Price Index Related Terms

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

Axon Enterprise (FRA:TCS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Axon Enterprise Inc (FRA:TCS) » Definitions » 6-Month Price Index
Comparable Companies
TXT HEI.A WWD CW HII HWM BWXT DRS HXL AVAV GE RTX XPAR:AIR LMT BA XPAR:SAF GD TDG NOC LSE:BA.
Traded in Other Exchanges
AXON:USA TCS:Germany
Address
17800 North 85th Street, Scottsdale, AZ, USA, 85255
Website
https://investor.axon.com
Axon Enterprise Inc develops, manufactures, and sells conducted energy devices and cloud-based digital evidence management software designed for use by law enforcement, corrections, military forces, private security personnel, and private individuals for personal defense. The company operates in two segments: Taser and software & sensors. Taser develops and sells CEDs used for protecting users and virtual reality training. Software and sensors manufacture fully integrated hardware and cloud-based software solutions such as body cameras, automated license plate reading, and digital evidence management systems. Axon delivers its products worldwide and gets most of its revenue from the United States.