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Vestum AB (OSTO:VESTUM) 6-Month Price Index : 2.13 (As of May. 23, 2024)


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What is Vestum 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 (2024-05-23), Vestum AB's 6-Month Price Index is 2.13.

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

For the Engineering & Construction subindustry, Vestum 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.

Vestum AB  (OSTO:VESTUM) 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.

Vestum AB  (OSTO:VESTUM) 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.

Vestum AB 6-Month Price Index Related Terms

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

Vestum AB (OSTO:VESTUM) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Vestum AB (OSTO:VESTUM) » Definitions » 6-Month Price Index
Comparable Companies
OSTO:NORB B OSTO:TEBEDE A OSTO:WBGR B OSTO:ELTEL OSTO:BYGGP OSTO:EOLU B OSTO:FG OSTO:PENG B OSTO:HEXI OSTO:HIFA B XPAR:DG NSE:LT SHSE:601668 PWR SHSE:601390 J TSX:WSP HKSE:01800 SHSE:601186 XKRX:028260
Traded in Other Exchanges
W0S:Germany
Address
Riddargatan 10, Stockholm, SWE, 114 35
Website
https://www.vestum.se
Vestum AB is an acquisition-driven group that acquires and develops companies in construction, and infrastructure industries within the segments Water, Services and Infrastructure. The segment Water includes companies with a focus on improving the service sector for water infrastructure, Service segment includes companies that provide various services for the construction services industry, and Infra segment includes companies that work in areas such as civil engineering, water & sewage, roads, bridges, etc. Infra segment contributes majorily to the revenue of the company.

Vestum AB (OSTO:VESTUM) Headlines

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