GURUFOCUS.COM » STOCK LIST » Technology » Software » Arbe Robotics Ltd (NAS:ARBE) » Definitions » 6-Month Price Index

Arbe Robotics (Arbe Robotics) 6-Month Price Index : 0.97 (As of Jun. 10, 2024)


View and export this data going back to 2021. Start your Free Trial

What is Arbe Robotics 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 (2024-06-10), Arbe Robotics's 6-Month Price Index is 0.97.


Competitive Comparison of Arbe Robotics's 6-Month Price Index

For the Software - Infrastructure subindustry, Arbe Robotics'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.


Arbe Robotics  (NAS:ARBE) 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.


Arbe Robotics  (NAS:ARBE) 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.


Arbe Robotics 6-Month Price Index Related Terms

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


Arbe Robotics (Arbe Robotics) Business Description

Traded in Other Exchanges
Address
107 HaHashmonaim Street, Yafo, Tel Aviv, ISR
Arbe Robotics Ltd is a provider of 4D Imaging Radar solutions enabling driver-assist systems while paving the way for fully autonomous driving. It is a research and development company in the field of chips for Advanced radar systems, which are mainly intended to be used as Advanced Driver Assistance Systems (ADAS) adapted for autonomous vehicles as well as for non-automotive uses. Its geographical segments include Sweden, China, Germany, USA, and others.