Price Index 12m

Price index 12 m (months) = Current share price / Share price 12 months ago.

It's a ratio that shows the return of a share price over a past period.

A ratio > 1 shows that there's been a price increase over the period whereas a ratio < 1 shows that there has been a price decrease.

Dividends are included (added) to the price index calculation.

 

Read more about momentum investing

You can read more about momentum investing here: 10 myths about momentum investing, squashed