GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Kennametal Inc (STU:KM3) » Definitions » 6-Month Price Index

Kennametal (STU:KM3) 6-Month Price Index : 1.09 (As of May. 28, 2024)


View and export this data going back to 2017. Start your Free Trial

What is Kennametal 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 (2024-05-28), Kennametal's 6-Month Price Index is 1.09.

Competitive Comparison of Kennametal's 6-Month Price Index

For the Tools & Accessories subindustry, Kennametal'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.

Kennametal  (STU:KM3) 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.

Kennametal  (STU:KM3) 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.

Kennametal 6-Month Price Index Related Terms

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

Kennametal (STU:KM3) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Kennametal Inc (STU:KM3) » Definitions » 6-Month Price Index
Comparable Companies
HLMN EML SCX QEPC DMFG CVR TBLT TKR RBC TTC HKSE:00669 SNA SWK LECO OSTO:SKF B TSE:6586 XSWX:SFSN TSE:9962 OSTO:HUSQ A SZSE:002444
Traded in Other Exchanges
KMT:USA KM3:Germany
Address
525 William Penn Place, Suite 3300, Pittsburgh, PA, USA, 15219
Website
https://www.kennametal.com
Kennametal Inc is a manufacturer of metalworking tools and wear-resistant engineered components and coatings. The company operates in two business segments: Metal Cutting and infrastructure. It generates maximum revenue from the Metal Cutting segment. The Metal Cutting segment develops and manufactures high performance tooling and metal cutting products and services and offers an assortment of standard and custom metal cutting solutions to diverse end markets, including aerospace, general engineering, energy, and transportation. Geographically, it derives a majority of revenue from the United States.

Kennametal (STU:KM3) Headlines

No Headlines