JonDeTech Sensors AB (OSTO:JDT) 6-Month Price Index : 0.88 (As of Jun. 07, 2024)

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What is JonDeTech Sensors 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 (2024-06-07), JonDeTech Sensors AB's 6-Month Price Index is 0.88.

Competitive Comparison of JonDeTech Sensors AB's 6-Month Price Index

For the Electronic Components subindustry, JonDeTech Sensors 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.

JonDeTech Sensors AB (OSTO:JDT) 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.

JonDeTech Sensors AB (OSTO:JDT) 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.

JonDeTech Sensors AB 6-Month Price Index Related Terms

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JonDeTech Sensors AB (OSTO:JDT) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

9X6:Germany

Address

Box 195 63, Stockholm, SWE, SE-104 32

Website

https://www.jondetech.se

JonDeTech Sensors AB is engaged in researching and developing the next generation infrared sensor and detector application. The company's sensor enables unique applications in the mobile industry as well as IOT- applications within Intelligent homes, connected cities, environment- and energy technology, medtech, security solutions.

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