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Evonik Industries AG (XTER:EVK) 6-Month Price Index : 1.14 (As of May. 26, 2024)


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What is Evonik Industries 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 (2024-05-26), Evonik Industries AG's 6-Month Price Index is 1.14.


Competitive Comparison of Evonik Industries AG's 6-Month Price Index

For the Specialty Chemicals subindustry, Evonik Industries 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.


Evonik Industries AG  (XTER:EVK) 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.


Evonik Industries AG  (XTER:EVK) 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.


Evonik Industries AG 6-Month Price Index Related Terms

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


Evonik Industries AG (XTER:EVK) Business Description

Address
Rellinghauser Strasse 1-11, Essen, NW, DEU, 45128
Evonik Industries is a German chemical company offering a mix of speciality and commodity chemical products. It has a number-one to -three market position in 80% of its businesses. Around 45% of sales are generated in Europe, while the key markets of North America and Asia account for 25% and 20% of sales, respectively. The company is organized into four major segments: specialty additives, smart materials, nutrition and care, and performance materials.
Executives
Maike Schuh Board of Directors
Dr. Cornelius Baur Supervisory Board
Thomas Wessel Board of Directors
Christian Kullmann Board of Directors
Ute Wolf Board of Directors

Evonik Industries AG (XTER:EVK) Headlines

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