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SolTech Energy Sweden AB (OSTO:SOLT) 6-Month Price Index : 0.59 (As of May. 24, 2024)


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What is SolTech Energy Sweden 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), SolTech Energy Sweden AB's 6-Month Price Index is 0.59.

Competitive Comparison of SolTech Energy Sweden AB's 6-Month Price Index

For the Solar subindustry, SolTech Energy Sweden 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.

SolTech Energy Sweden AB  (OSTO:SOLT) 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.

SolTech Energy Sweden AB  (OSTO:SOLT) 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.

SolTech Energy Sweden AB 6-Month Price Index Related Terms

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SolTech Energy Sweden AB (OSTO:SOLT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » SolTech Energy Sweden AB (OSTO:SOLT) » Definitions » 6-Month Price Index
Comparable Companies
OSTO:MIDS XSAT:ABSL B XSAT:WEG NGM:SUN4 NGM:IMSOL B FSLR SHSE:688223 ENPH SZSE:002459 SHSE:688599 SHSE:688472 HKSE:00968 SHSE:600732 SEDG HKSE:03800 SZSE:300118 SZSE:002865 ARRY SHLS HKSE:01799
Traded in Other Exchanges
7ST:Germany
Address
Upplagsvagen 1, Stockholm, SWE, SE-117 43
Website
http://www.soltechenergy.com
Soltech Energy Sweden AB operates in the energy sector. It is a comprehensive supplier that develops, sells and installs solar energy solutions for both companies and private individuals. Soltech consolidates the market through the acquisition of companies in the solar, roof, facade and electricity industries and more. Geographically, it operates in Sweden, Spain and the Netherlands.

SolTech Energy Sweden AB (OSTO:SOLT) Headlines

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