GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Adecco Group AG (OTCPK:AHEXY) » Definitions » 6-Month Price Index

Adecco Group AG (Adecco Group AG) 6-Month Price Index : 0.93 (As of Apr. 27, 2024)


View and export this data going back to 2008. Start your Free Trial

What is Adecco Group 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 (2024-04-27), Adecco Group AG's 6-Month Price Index is 0.93.


Competitive Comparison of Adecco Group AG's 6-Month Price Index

For the Staffing & Employment Services subindustry, Adecco Group 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.


Adecco Group AG  (OTCPK:AHEXY) 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.


Adecco Group AG  (OTCPK:AHEXY) 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.


Adecco Group AG 6-Month Price Index Related Terms

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


Adecco Group AG (Adecco Group AG) Business Description

Traded in Other Exchanges
Address
Bellerivestrasse 30, Zurich, CHE, CH-8008
Adecco Group AG is a provider of human capital solutions including Flexible placement, Permanent placement, Career Transition, Outsourcing, Consulting Services in engineering, Digital and IT, Talent services, Training, Up/ Re-skilling and Other services. It is organised into three business units Adecco, Akkodis and LHH. The company provides services to businesses and organisations located throughout Europe, North America, Asia Pacific, South America, and North Africa.