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Bystronic AG (XSWX:BYS) 6-Month Price Index : 0.89 (As of Jun. 05, 2024)


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What is Bystronic AG 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 (2024-06-05), Bystronic AG's 6-Month Price Index is 0.89.

Competitive Comparison of Bystronic AG's 6-Month Price Index

For the Specialty Industrial Machinery subindustry, Bystronic AG'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.

Bystronic AG  (XSWX:BYS) 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.

Bystronic AG  (XSWX:BYS) 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.

Bystronic AG 6-Month Price Index Related Terms

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

Bystronic AG (XSWX:BYS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Bystronic AG (XSWX:BYS) » Definitions » 6-Month Price Index
Comparable Companies
XSWX:KOMN XSWX:OERL XSWX:MEDX XSWX:RIEN XSWX:PMN XSWX:MTG XSWX:MIKN XSWX:STGN XSWX:FTON XSWX:KLIN GE XTER:SIE XPAR:SU ETN ITW OSTO:ATCO A PH XKRX:373220 EMR AME
Traded in Other Exchanges
BYSz:UK
Address
Giesshuebelstrasse 45, Zurich, CHE, CH-8045
Website
https://www.bystronic.com
Bystronic AG, formerly Conzzeta AG is a Switzerland-based company that operates in the area of sheet metal processing. The company focus on the automation of the complete material and data flow of the cutting and bending process chain. The intelligent connectivity of it's laser cutting systems and pressbrakes with automation, software, and service solutions is the key to comprehensive digitalization in the sheet metal industry. It's development and production locations are in Sulgen (Switzerland), Gotha (Germany), Cazzago San Martino and San Giuliano Milanese (Italy), Tianjin and Shenzhen (China), and Hoffman Estates (USA).

Bystronic AG (XSWX:BYS) Headlines

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