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Tonner Drones (XPAR:ALTD) 6-Month Price Index : 0.48 (As of Jun. 03, 2024)


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What is Tonner Drones 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 (2024-06-03), Tonner Drones's 6-Month Price Index is 0.48.

Competitive Comparison of Tonner Drones's 6-Month Price Index

For the Aerospace & Defense subindustry, Tonner Drones'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.

Tonner Drones  (XPAR:ALTD) 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.

Tonner Drones  (XPAR:ALTD) 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.

Tonner Drones 6-Month Price Index Related Terms

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

Tonner Drones (XPAR:ALTD) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Tonner Drones SA (XPAR:ALTD) » Definitions » 6-Month Price Index
Comparable Companies
INTI RBSH XCUR NTRR TSOI RTX LMT BA XPAR:AIR NOC GD XPAR:SAF TDG LSE:BA. LHX XPAR:HO LSE:RR. HEI.A HWM SHSE:600760
Traded in Other Exchanges
1DD:Germany
Address
12 Rue Ampère, Cémoi – Bâtiment A, Grenoble, FRA, 38000
Website
https://www.tonnerdrones.com
Tonner Drones SA is engaged in the developing and marketing of security and surveillance solutions intended for the military field as well as private and public security: the ISS SPOTTER Wired captive surveillance drone, the automatic drone for surveillance of sensitive sites ISS SPOTTER Automatic or even trailers SPOTTER BOT mobile video security systems.

Tonner Drones (XPAR:ALTD) Headlines

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