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Acroud AB (OSTO:ACROUD) 6-Month Price Index : 0.59 (As of Jun. 10, 2024)


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What is Acroud AB 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 (2024-06-10), Acroud AB's 6-Month Price Index is 0.59.


Competitive Comparison of Acroud AB's 6-Month Price Index

For the Gambling subindustry, Acroud AB'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.


Acroud AB  (OSTO:ACROUD) 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.


Acroud AB  (OSTO:ACROUD) 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.


Acroud AB 6-Month Price Index Related Terms

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Acroud AB (OSTO:ACROUD) Business Description

Traded in Other Exchanges
N/A
Address
PO Box 7385, Stockholm, SWE, SE-103 91
Acroud AB owns, operates and develops comparison sites primarily within iGaming affiliation in order to help its partners by driving users to the company's customers - primarily gaming operators. The operating business segments are igaming affiliation and SaaS segment. The iGaming Affiliation Segment is the underlying affiliate business containing the traditional business areas, Poker, Sports Betting and Casino. The SaaS segment comprises the B2B software solutions to other affiliates and increase their growth and profit with technology base.

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