Price Factors

Price Index 3M

This is an intermediate-term momentum measure similar to the 6 month and 1 year version. You can find a reference to an academic paper in Price Index 6M. According to this study, the 6 month and 1 year versions have higher returns.

Price Index 3M = Adjusted* share price now Adjusted* share price 3 months ago

* The share price is adjusted for stock splits, cash dividends, right offerings and spin-offs.