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Solvay (XBRU:SOLB) 6-Month Price Index : 1.74 (As of May. 14, 2024)


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What is Solvay 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 (2024-05-14), Solvay's 6-Month Price Index is 1.74.

Competitive Comparison of Solvay's 6-Month Price Index

For the Chemicals subindustry, Solvay'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.

Solvay  (XBRU:SOLB) 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.

Solvay  (XBRU:SOLB) 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.

Solvay 6-Month Price Index Related Terms

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

Solvay (XBRU:SOLB) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Solvay SA (XBRU:SOLB) » Definitions » 6-Month Price Index
Comparable Companies
XBRU:SOLV XBRU:SYENS TSE:4063 SAU:2010 XTER:BAS DOW XKRX:051910 CE SHSE:600989 SZSE:002493 TSE:4091 XKLS:5183 XKRX:086520 TPE:1326 TSE:3407 SZSE:002460 SHSE:600160 SHSE:600426 SHSE:603260 XSWX:BANB
Traded in Other Exchanges
SVYSF:USA SLVYY:USA SOLBb:UK 0NZR:UK SOL:Germany SOLB:Austria
Address
Rue De Ransbeek, 310, Brussels, BEL, B-1120
Website
https://www.solvay.com
Solvay is a Belgium-based producer of chemicals, plastics, and composites. The company has a top-three market position for nearly all of its products. Key business segments include materials, chemicals, and solutions. High-value products include aerospace composites and specialty polymers while traditional chemical products include soda ash and hydrogen peroxide. Geographical exposure is relatively balanced, with Europe, North America, and Asia each contributing a third of sales.

Solvay (XBRU:SOLB) Headlines

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