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Edenred SE (XPAR:EDEN) 6-Month Price Index : 0.89 (As of Apr. 27, 2024)


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What is Edenred SE 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 (2024-04-27), Edenred SE's 6-Month Price Index is 0.89.


Competitive Comparison of Edenred SE's 6-Month Price Index

For the Credit Services subindustry, Edenred SE'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.


Edenred SE  (XPAR:EDEN) 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.


Edenred SE  (XPAR:EDEN) 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.


Edenred SE 6-Month Price Index Related Terms

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


Edenred SE (XPAR:EDEN) Business Description

Traded in Other Exchanges
Address
14-16 Boulevard Garibaldi, Issy-les-Moulineaux, Paris, FRA, 92130
Edenred is a France-listed prepaid corporate services provider operating in more than 40 countries. The company was listed in 2010 following a spinoff from hotel group Accor. Edenred's main business, Ticket Restaurant, offers prepaid meal vouchers that employers provide to their employees as an additional benefit. The company is also involved in other areas such as prepaid fuel cards and payment and expense-management systems.