Price Index 36m

Price Index 36m = Current share price / Share price 36 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.


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