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Sika AG (XSWX:SIKA) 6-Month Price Index : 1.25 (As of Apr. 27, 2024)


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What is Sika 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 (2024-04-27), Sika AG's 6-Month Price Index is 1.25.

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

For the Specialty Chemicals subindustry, Sika 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.

Sika AG  (XSWX:SIKA) 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.

Sika AG  (XSWX:SIKA) 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.

Sika AG 6-Month Price Index Related Terms

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

Sika AG (XSWX:SIKA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sika AG (XSWX:SIKA) » Definitions » 6-Month Price Index
Comparable Companies
XSWX:GIVN XSWX:EMSN XSWX:CLN XSWX:GURN LIN XPAR:AI SHW ECL APD SHSE:600309 PPG LYB BOM:500820 DD ISX:TPIA OCSE:NSIS B IFF ADX:BOROUGE WLK NSE:PIDILITIND
Traded in Other Exchanges
SXYAY:USA SKFOF:USA SIKA:Mexico SIKAz:UK 0Z4C:UK SIKB:Germany
Address
Zugerstrasse 50, Baar, CHE, 6340
Website
https://www.sika.com
Sika AG manufactures and sells specialty chemical-based products. The majority of the company's revenue comes from the construction industry. Sika's products are used mainly for bonding, sealing, damping, reinforcing, and protecting in the building and motor vehicle industries. The firm produces additives for concrete, cement, and mortar production, waterproofing systems, roof waterproofing, flooring solutions, sealants, adhesive tapes, assembly foams and elastic adhesives for facade construction, interior and infrastructure construction, as well as concrete protection and repair solutions. The company's reportable segments are based on geography: EMEA, the Americas; Asia-Pacific; and global business. The EMEA segment generates the majority of revenue.

Sika AG (XSWX:SIKA) Headlines

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