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Skanska AB (OSTO:SKA B) 6-Month Price Index : 1.15 (As of May. 28, 2024)


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What is Skanska 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 (2024-05-28), Skanska AB's 6-Month Price Index is 1.15.

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

For the Engineering & Construction subindustry, Skanska 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.

Skanska AB  (OSTO:SKA 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.

Skanska AB  (OSTO:SKA 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.

Skanska AB 6-Month Price Index Related Terms

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

Skanska AB (OSTO:SKA B) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Skanska AB (OSTO:SKA B) » Definitions » 6-Month Price Index
Comparable Companies
OSTO:SWEC A OSTO:AFRY OSTO:PEAB B OSTO:BRAV OSTO:NCC A OSTO:RATO A OSTO:INSTAL OSTO:FG OSTO:VESTUM OSTO:EOLU B XPAR:DG NSE:LT PWR SHSE:601668 SHSE:601390 TSX:WSP J XKRX:028260 EME HKSE:01800
Traded in Other Exchanges
SKSBF:USA SKBSY:USA SKABs:UK 0HBT:UK SKNB:Germany SKAB:Czech Republic
Address
Warfvinges vag 25, Stockholm, SWE, 112 74
Website
https://www.group.skanska.com
Skanska AB is one of the world's construction and project development companies. It develops properties and structures in the Nordic region, North America, and elsewhere. The company uses its skills and expertise to develop highways, bridges, mass transit, houses, and logistic centers. Skanska operates in business segments: construction (the majority of total revenue), residential development, commercial property development. It earns contracts and exploits local knowledge of markets, customers, and suppliers to meet clients' needs. Projects range from simple to highly technical and are driven by urbanization in the designated regions. The majority of revenue derives from Europe.

Skanska AB (OSTO:SKA B) Headlines

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