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ChemoMetec A/S (OCSE:CHEMM) 6-Month Price Index : 0.98 (As of Jun. 09, 2024)


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What is ChemoMetec A/S 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 (2024-06-09), ChemoMetec A/S's 6-Month Price Index is 0.98.

Competitive Comparison of ChemoMetec A/S's 6-Month Price Index

For the Medical Devices subindustry, ChemoMetec A/S'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.

ChemoMetec A/S  (OCSE:CHEMM) 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.

ChemoMetec A/S  (OCSE:CHEMM) 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.

ChemoMetec A/S 6-Month Price Index Related Terms

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ChemoMetec A/S (OCSE:CHEMM) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » ChemoMetec A/S (OCSE:CHEMM) » Definitions » 6-Month Price Index
Comparable Companies
OCSE:OSSR OCSE:SMSMED OCSE:VIRO OCSE:GN OCSE:AMBU B TSE:5212 ABT SYK MDT BSX EW DXCM SZSE:300760 ZBH ALGN STE XAMS:PHIA XSWX:SOON SHSE:688271 ASX:COH
Traded in Other Exchanges
CHEMMc:UK 0DZ0:UK CHY:Germany
Address
Gydevang 43, Allerod, DNK, 3450
Website
https://www.chemometec.com
ChemoMetec A/S specializes in the design, development, and production of instruments using patented technology in cell counting and evaluation. It is engaged in the manufacturing, and marketing of analytical instruments used for quantitative analysis of cells in liquids. Its applications include Cell Analysis and counting of Mammalian Cells, Yeast Cells, and Sperm Cells. It provides platforms for the determination of viability and cell count of yeast, veterinary semen, mammalian cells, and somatic cells as well as image analysis. It has four segments instruments; consumables; services and others.

ChemoMetec A/S (OCSE:CHEMM) Headlines

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