GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Bonava AB (OSTO:BONAV B) » Definitions » 6-Month Price Index

Bonava AB (OSTO:BONAV B) 6-Month Price Index : 1.16 (As of May. 27, 2024)


View and export this data going back to 2016. Start your Free Trial

What is Bonava 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 (2024-05-27), Bonava AB's 6-Month Price Index is 1.16.

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

For the Residential Construction subindustry, Bonava 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.

Bonava AB  (OSTO:BONAV B) 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.

Bonava AB  (OSTO:BONAV B) 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.

Bonava AB 6-Month Price Index Related Terms

Thank you for viewing the detailed overview of Bonava AB's 6-Month Price Index provided by GuruFocus.com. Please click on the following links to see related term pages.

Bonava AB (OSTO:BONAV B) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Bonava AB (OSTO:BONAV B) » Definitions » 6-Month Price Index
Comparable Companies
OSTO:BALCO OSTO:GHUS B OSTO:STUDBO OSTO:JM DHI LEN NVR PHM TSE:1928 TOL LSE:BKG LSE:BDEV TSE:1911 LSE:TW. TSE:3291 MTH TMHC LSE:PSN KBH SKY
Traded in Other Exchanges
BONAV A:Sweden 0RHA:UK 66B:Germany
Address
Lindhagensgatan 72, Stockholm, SWE, 11218
Website
https://www.bonava.com
Bonava AB is a Swedish residential development company. It acts as a developer of residential housing in northern Europe. The company is engaged in developing and selling affordable and sustainable homes to consumers and investors in selected markets in Sweden, Germany, Finland, Denmark, Norway, St. Petersburg, Estonia, and Latvia. Bonava provides multi-family housing and single-family housing and develops homes for consumers and investors, such as pension funds, jointly with municipalities and other stakeholders. Its product segments are categorized as Affordable, Core and High-end. Bonava operates in the Berlin, Hamburg, Baltic coast, Saxony, Rhien-Ruhr, Cologne/ Bonn, Rhien-Main and Rhine-Neckar/Stuttgart regions.Key revenue is earned from sales in Germany.

Bonava AB (OSTO:BONAV B) Headlines

No Headlines