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Decheng Technology AG (FRA:3330) 6-Month Price Index : 5.36 (As of Jun. 08, 2024)


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What is Decheng Technology 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 (2024-06-08), Decheng Technology AG's 6-Month Price Index is 5.36.

Competitive Comparison of Decheng Technology AG's 6-Month Price Index

For the Specialty Chemicals subindustry, Decheng Technology 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.

Decheng Technology AG  (FRA:3330) 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.

Decheng Technology AG  (FRA:3330) 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.

Decheng Technology AG 6-Month Price Index Related Terms

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

Decheng Technology AG (FRA:3330) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Decheng Technology AG (FRA:3330) » Definitions » 6-Month Price Index
Comparable Companies
SHSE:603895 SZSE:300195 SHSE:603356 SZSE:002943 SZSE:300228 SZSE:300153 SZSE:002445 SZSE:300368 SZSE:300461 SZSE:300875 LIN XPAR:AI SHW APD ECL XSWX:SIKA LYB BOM:500820 DD IFF
Traded in Other Exchanges
N/A
Address
Ziegelhauser Landstrasse 3, Heidelberg, DEU, 69120
Website
https://www.decheng-ag.de
Decheng Technology AG is engaged in the research and development, production and marketing of polyurethane resin and related additives in the People's Republic of China. The company's product profile includes Textile Applications, Leather Applications, Magnetic Absorber Material, and others. Its core product is classified into six categories namely Two liquid type polyurethane resin for dry fabrics, Polyurethane produces by the wet winding technology, Polyurethane resin for fiberic coating, Single liquid type polyurethane resin for dry fabrics, Coating additives, and Magnetic absorption polyurethane resin. The Polyurethane resin for fiberic coating generates maximum revenue for the company.

Decheng Technology AG (FRA:3330) Headlines

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