Scandic Hotels Group AB (CHIX:SHOTS) 6-Month Price Index : 1.12 (As of May. 03, 2025)

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What is Scandic Hotels 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 (2025-05-03), Scandic Hotels Group AB's 6-Month Price Index is 1.12.

Competitive Comparison of Scandic Hotels Group AB's 6-Month Price Index

For the Lodging subindustry, Scandic Hotels 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.

Scandic Hotels Group AB (CHIX:SHOTs) 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.

Scandic Hotels Group AB (CHIX:SHOTs) 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.

Scandic Hotels Group AB 6-Month Price Index Related Terms

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Scandic Hotels Group AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Scandic Hotels Group AB (CHIX:SHOTs) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

SHOT:Sweden 0RD7:UK 10H:Germany

Address

Sveavagen 167, P.O. Box 6197, Stockholm, SWE, SE-102 33

Website

https://www.scandichotelsgroup.com

Scandic Hotels Group AB is a Sweden-based company engaged in the operation of hotels. It has a network of hotels in the Nordic market, which creates an offering for guests and customers. The majority of the company's revenue comes from the Room, Restaurant and conferences. Its business is operated through various geographical regions which include Sweden, Finland, Other European and Central functions, and Norway.

Scandic Hotels Group AB Headlines

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