Arribatec Group ASA (OSL:ARR) 6-Month Price Index : 0.33 (As of Oct. 31, 2024)

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What is Arribatec Group ASA 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 (2024-10-31), Arribatec Group ASA's 6-Month Price Index is 0.33.

Competitive Comparison of Arribatec Group ASA's 6-Month Price Index

For the Information Technology Services subindustry, Arribatec Group ASA'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.

Arribatec Group ASA (OSL:ARR) 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.

Arribatec Group ASA (OSL:ARR) 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.

Arribatec Group ASA 6-Month Price Index Related Terms

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Arribatec Group ASA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Arribatec Group ASA (OSL:ARR) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lorenfaret 1D, Oslo, NOR, 0585

Website

https://www.arribatec.com

Arribatec Group ASA is a software and consulting company. Its services comprise Business services focusing on ERP, BI & Analytics, DevOps, integrations, and research management; EA & BPM provides Enterprise Architecture and Business Process Management; Cloud provides Cloud solutions hybrid, Azure, Splunk, and GDPR. Arribatec Cloud provides consulting outsourcing, and cloud services to private and public enterprises. Hospitality delivers a variety of different solutions within self check-in, check-out, housekeeping management, and conference systems. Marine is the Business Unit of Arribatec Group focusing on the Maritime sector.