Price Index 2m is calculated as the Current share price / Share price 2 months ago.
Return over the past two months
It's a ratio that shows the return of a share price over a past two month period.
A value greater than one shows that there's been a price increase over the period, whereas a value less than one shows that there has been a price decrease.
Dividends included
To make the ratio more accurate dividends are included in the price index calculation - remember the stock price usually falls by the amount of the dividend payment.
How to use the ratio
Available as a screening ratio: Yes
Available as an output column ratio: Yes
How to select companies with the best momentum
To find companies with the best momentum (largest stock price increase over 2 months) set the slider from 0% to 10%.
To find companies with the worse momentum (largest stock price fall over 2 months) set the slider from 90% to 100%.
Read more about momentum investing
You can read more about momentum investing here: 10 myths about momentum investing, squashed