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Cochlear (MEX:COH) 6-Month Price Index : 1.00 (As of Nov. 14, 2024)


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What is Cochlear 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 (2024-11-14), Cochlear's 6-Month Price Index is 1.00.

Competitive Comparison of Cochlear's 6-Month Price Index

For the Medical Devices subindustry, Cochlear'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.

Cochlear  (MEX:COH) 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.

Cochlear  (MEX:COH) 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.

Cochlear 6-Month Price Index Related Terms

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

Cochlear Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Cochlear Ltd (MEX:COH) » Definitions » 6-Month Price Index
Comparable Companies
ASX:PNV ASX:AVR ASX:4DX ASX:ARX ASX:IMR ASX:EMV ASX:CYC ASX:IPD ASX:RSH ASX:SOM ABT SYK BSX MDT XTER:SHL SZSE:300760 EW XAMS:PHIA DXCM STE
Traded in Other Exchanges
CHEOY:USA CHEOF:USA OC5:Germany COH:Australia
Address
1 University Avenue, Macquarie University, Sydney, NSW, AUS, 2109
Website
https://www.cochlear.com
Cochlear is the leading cochlear implant device manufacturer with around 60% global market share. Developed markets contribute 80% of group revenue where cochlear implants are the standard of care for children with severe to profound hearing loss. The company also actively targets the growing cohort of seniors in developed markets. Tender-oriented emerging markets contribute the remaining 20% of group revenue. Main products include cochlear implants, bone-anchored hearing aids, and associated sound processors. In fiscal 2020, 49% of revenue came from the Americas, 35% from Europe, the Middle East, and Africa, and 16% from the Asia-Pacific segment.

Cochlear Headlines

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