GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Universal Electronics Inc (STU:UE1) » Definitions » 6-Month Price Index

Universal Electronics (STU:UE1) 6-Month Price Index : 1.46 (As of Jun. 02, 2024)


View and export this data going back to 2023. Start your Free Trial

What is Universal Electronics 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 (2024-06-02), Universal Electronics's 6-Month Price Index is 1.46.


Competitive Comparison of Universal Electronics's 6-Month Price Index

For the Consumer Electronics subindustry, Universal Electronics'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.


Universal Electronics  (STU:UE1) 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.


Universal Electronics  (STU:UE1) 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.


Universal Electronics 6-Month Price Index Related Terms

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


Universal Electronics (STU:UE1) Business Description

Traded in Other Exchanges
Address
15147 N. Scottsdale Road, Suite H300, Scottsdale, AZ, USA, 85254-2494
Universal Electronics Inc is a United States-based company that is principally engaged in developing and manufacturing a series of electronic products, including wireless control products, audio-video accessories, intelligent wireless automation components, and software. The company focuses on the subscription broadcast, consumer electronics and residential security markets, with customers consisting of subscription broadcasters, original equipment manufacturer, private-label brands, retailers, pro-security dealers, and companies in the computing industry. The company has a global presence and generates most of its total revenue from the United States.

Universal Electronics (STU:UE1) Headlines

No Headlines