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Masterflex SE (XTER:MZX) 6-Month Price Index : 1.20 (As of May. 26, 2024)


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What is Masterflex SE 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), Masterflex SE's 6-Month Price Index is 1.20.

Competitive Comparison of Masterflex SE's 6-Month Price Index

For the Specialty Chemicals subindustry, Masterflex SE'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.

Masterflex SE  (XTER:MZX) 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.

Masterflex SE  (XTER:MZX) 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.

Masterflex SE 6-Month Price Index Related Terms

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

Masterflex SE (XTER:MZX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Masterflex SE (XTER:MZX) » Definitions » 6-Month Price Index
Comparable Companies
XTER:NTG XTER:BNN FRA:3330 LIN XPAR:AI SHW ECL APD XSWX:SIKA XSWX:GIVN SHSE:600309 ISX:TPIA LYB BOM:500820 DD PPG OCSE:NSIS B IFF ADX:BOROUGE WLK
Traded in Other Exchanges
MZX:Germany
Address
Willy-Brandt-Allee 300, Gelsenkirchen, DEU, 45891
Website
https://www.masterflexgroup.com
Masterflex SE develops, manufactures and marketing of high-tech hoses and connection systems for various industrial and manufacturing applications. The company sells its products under six brands. Masterflex brand produces spiral hoses and connection systems for all industrial applications. Matzen and Timm specialize in vulcanized shapes and hoses for the aerospace sector and the automotive industry. Novoplast offers pre-formed tubes and technical tubings for medical and industrial uses. Fleima-Plastic offers injection molded parts and components for medical technology. Masterduct provides spiral hoses and connection systems as well as heating, ventilation and air conditioning elements. APT produces hoses of fluoropolymers with permanent resistance to all chemicals.
Executives
Jan Van Der Zouw Supervisory Board

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