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New Wave Group AB (OSTO:NEWA B) 6-Month Price Index : 1.32 (As of Jun. 06, 2024)


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What is New Wave 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 (2024-06-06), New Wave Group AB's 6-Month Price Index is 1.32.

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

For the Specialty Retail subindustry, New Wave 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.

New Wave Group AB  (OSTO:NEWA 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.

New Wave Group AB  (OSTO:NEWA 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.

New Wave Group AB 6-Month Price Index Related Terms

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New Wave Group AB (OSTO:NEWA B) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » New Wave Group AB (OSTO:NEWA B) » Definitions » 6-Month Price Index
Comparable Companies
OSTO:FOI B OSTO:CLAS B OSTO:BOKUS OSTO:ELON ORLY TSX:ATD AZO TSCO ULTA SHSE:601888 GPC WSM DKS BBY ADX:ADNOCDIST CASY BBWI FIVE MUSA MNSO
Traded in Other Exchanges
NWG0:Germany
Address
Kungsportsavenyen 10, Gothenburg, SWE, 41136
Website
https://www.nwg.se
New Wave Group AB is a Sweden-based company that designs, acquires and develops brands and products in the corporate promo, gifts, and home furnishings sectors. The group achieves synergies by coordinating the design, purchasing, marketing, warehousing and distribution of its product range. To ensure good diversification, the Group market its products in the corporate promo market and the retail market. The group divides its operations into three operating segments, Corporate, Sports and Leisure, and Gifts and Home Furnishings.

New Wave Group AB (OSTO:NEWA B) Headlines

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