GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » GomSpace Group AB (OSTO:GOMX) » Definitions » 6-Month Price Index

GomSpace Group AB (OSTO:GOMX) 6-Month Price Index : 2.81 (As of May. 26, 2024)


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

What is GomSpace Group 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 (2024-05-26), GomSpace Group AB's 6-Month Price Index is 2.81.

Competitive Comparison of GomSpace Group AB's 6-Month Price Index

For the Aerospace & Defense subindustry, GomSpace Group 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.

GomSpace Group AB  (OSTO:GOMX) 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.

GomSpace Group AB  (OSTO:GOMX) 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.

GomSpace Group AB 6-Month Price Index Related Terms

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

GomSpace Group AB (OSTO:GOMX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » GomSpace Group AB (OSTO:GOMX) » Definitions » 6-Month Price Index
Comparable Companies
OSTO:AAC XSAT:ASTOR OSTO:AVT B XSAT:AERW B RTX LMT BA XPAR:AIR NOC GD XPAR:SAF TDG LSE:BA. LHX XPAR:HO LSE:RR. HEI.A HWM SHSE:600760 SHSE:600150
Traded in Other Exchanges
1G2:Germany
Address
Ulls Vag 29A, Uppsala, SWE, SE-756 51
Website
https://gomspace.com
GomSpace Group AB develops and commercializes nano-satellites. It provides turn-key solutions to enable space-based businesses including solutions for IoT, communication, tracking, surveillance, and remote sensing. The company also offers professional nano-satellite turn-key solutions, platforms, commercial off the shelf sub-systems, software modules, and off-the-shelf payloads for tracking or deliver payloads to customer requirements based on radio technology building blocks. Its business areas are Academia, Commercial, Defense, and Science operating geographically in Sweden, Denmark, other parts of Europe, the United States, Asia and Rest of the world. The company earns Majority of its revenue comes from Denmark.

GomSpace Group AB (OSTO:GOMX) Headlines

No Headlines