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MVV Energie AG (XTER:MVV1) 6-Month Price Index : 0.98 (As of May. 28, 2024)


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What is MVV Energie 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 (2024-05-28), MVV Energie AG's 6-Month Price Index is 0.98.

Competitive Comparison of MVV Energie AG's 6-Month Price Index

For the Utilities - Diversified subindustry, MVV Energie 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.

MVV Energie AG  (XTER:MVV1) 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.

MVV Energie AG  (XTER:MVV1) 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.

MVV Energie AG 6-Month Price Index Related Terms

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MVV Energie AG (XTER:MVV1) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » MVV Energie AG (XTER:MVV1) » Definitions » 6-Month Price Index
Comparable Companies
FRA:LEC SAU:2082 ADX:TAQA XMAD:IBE MIL:ENEL SRE XPAR:ENGI XTER:EOAN DFM:DEWA XTER:RWE LSE:SSE XTER:EBK XLIS:EDP AES TSX:BIP.UN TSE:9502 XKLS:4677 XKLS:6742 MIL:A2A BSP:CMIG3
Traded in Other Exchanges
MVV1:Germany MVV1:Germany MVV1:Germany
Address
Luisenring 49, Mannheim, BW, DEU, 68159
Website
https://www.mvv.de
MVV Energie AG is an energy company. Its business comprises energy generation, energy trading, and energy distribution via proprietary grids through to sales and energy-related services. The company operates through five segments: Customer Solutions, New Energies, Supply Reliability, Strategic Investments, and Other Activities. The majority of the company's revenue is generated from Customer Solutions segment which includes the energy and water retail and wholesale businesses. Geographically, the company is focuses on Germany, which is its key revenue generating market and the United Kingdom.

MVV Energie AG (XTER:MVV1) Headlines

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