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Avantium NV (XAMS:AVTX) 6-Month Price Index : 0.72 (As of Jun. 10, 2024)


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What is Avantium NV 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 (2024-06-10), Avantium NV's 6-Month Price Index is 0.72.

Competitive Comparison of Avantium NV's 6-Month Price Index

For the Specialty Chemicals subindustry, Avantium NV'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.

Avantium NV  (XAMS:AVTX) 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.

Avantium NV  (XAMS:AVTX) 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.

Avantium NV 6-Month Price Index Related Terms

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

Avantium NV (XAMS:AVTX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Avantium NV (XAMS:AVTX) » Definitions » 6-Month Price Index
Comparable Companies
XAMS:HOLCO LIN XPAR:AI APD SHW ECL SHSE:600309 XSWX:SIKA BOM:500820 DD XSWX:GIVN LYB PPG ADX:BOROUGE IFF XSWX:EMSN TSE:4612 ISX:TPIA TPE:1301 XSGO:SQM-B
Traded in Other Exchanges
AVTXF:USA 27V:Germany
Address
Zekeringstraat 29-31, Amsterdam, NLD, 1014 BV
Website
https://www.avantium.com
Avantium NV along with its subsidiaries is engaged in developing and commercializing next-generation bio-based plastics and chemicals based on its technological capabilities in advanced catalysis research and development. Avantium also provides solutions in the field of sustainable chemistry and provider of advanced catalyst testing technology. The company operates through Catalysis, R&D Solutions, Renewable Chemistries and Renewable Polymer segments.