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Essity AB (OSTO:ESSITY B) 6-Month Price Index : 1.07 (As of May. 24, 2024)


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What is Essity 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 (2024-05-24), Essity AB's 6-Month Price Index is 1.07.

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

For the Household & Personal Products subindustry, Essity 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.

Essity AB  (OSTO:ESSITY 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.

Essity AB  (OSTO:ESSITY 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.

Essity AB 6-Month Price Index Related Terms

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

Essity AB (OSTO:ESSITY B) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Essity AB (OSTO:ESSITY B) » Definitions » 6-Month Price Index
Comparable Companies
OSTO:DUNI OSTO:LYKO A OSTO:LCLEAN OSTO:CANDLE B OSTO:CLEM OSTO:ELN PG XPAR:OR LSE:ULVR BOM:500696 CL LSE:RKT EL KMB KVUE XTER:BEI XTER:HEN3 CHD TSE:8113 TSE:4452
Traded in Other Exchanges
ETTYF:USA ESSITY A:Sweden ESSIBs:UK 0RQD:UK ESWB:Germany
Address
Klarabergsviadukten 63, PO Box 200, Stockholm, SWE, SE-101 23
Website
https://www.essity.com
Essity is a health and hygiene company spun out of Svenska Cellulosa in June 2017. Essity's products span the feminine-care, baby-care, toilet paper, facial tissue, and wet wipes categories, as well as hand soap, hand sanitizers, and tissue dispensers for institutional customers. Essity also offers medical solutions in the form of wound care, orthopedics, and compression therapy, accounting for 7% of net sales in fiscal 2021. Essity operates in 150 markets and generates over 50% of its revenue in Europe, although it also maintains significant exposure to emerging markets (38% of net sales in 2021).

Essity AB (OSTO:ESSITY B) Headlines

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