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Legend Power Systems (FRA:XLE1) 6-Month Price Index : 1.35 (As of Jun. 07, 2024)


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What is Legend Power Systems 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 (2024-06-07), Legend Power Systems's 6-Month Price Index is 1.35.

Competitive Comparison of Legend Power Systems's 6-Month Price Index

For the Electrical Equipment & Parts subindustry, Legend Power Systems'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.

Legend Power Systems  (FRA:XLE1) 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.

Legend Power Systems  (FRA:XLE1) 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.

Legend Power Systems 6-Month Price Index Related Terms

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

Legend Power Systems (FRA:XLE1) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Legend Power Systems Inc (FRA:XLE1) » Definitions » 6-Month Price Index
Comparable Companies
TSXV:EGT TSX:GRID TSXV:NHHH TSXV:GBLT TSXV:BES TSX:LPEN TSXV:ENEV XCNQ:ZAIR TSX:HMM.A SZSE:300750 XSWX:ABBN BKK:DELTA TSE:6503 XPAR:LR SZSE:300124 SZSE:300274 XKRX:247540 HUBB VRT SZSE:300014
Traded in Other Exchanges
LPSIF:USA LPS:Canada
Address
1480 Frances Street, Vancouver, BC, CAN, V5L 1Y9
Website
https://www.legendpower.com
Legend Power Systems Inc together with its subsidiaries provides electrical energy conservation solutions to commercial and industrial customers in Canada. The Company's principal business activities are the assembly, marketing and sale of a patented device which is the SmartGATE, which enables dynamic power management of an entire commercial or industrial building. Business operating segments are based on geographical location of sale and installation of the SmartGATE products: Legend Power Systems Canada and Legend Power Systems Corp - U.S. Geographically, it derives a majority of revenue from Canada and also has a presence in the United States.

Legend Power Systems (FRA:XLE1) Headlines

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