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Fabasoft AG (Fabasoft AG) 6-Month Price Index : 1.13 (As of Jun. 24, 2024)


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What is Fabasoft AG 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 (2024-06-24), Fabasoft AG's 6-Month Price Index is 1.13.


Competitive Comparison of Fabasoft AG's 6-Month Price Index

For the Software - Application subindustry, Fabasoft AG'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.


Fabasoft AG  (OTCPK:FBSFF) 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.


Fabasoft AG  (OTCPK:FBSFF) 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.


Fabasoft AG 6-Month Price Index Related Terms

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Fabasoft AG (Fabasoft AG) Business Description

Traded in Other Exchanges
Address
Honauerstrasse 4, Linz, AUT, A-4020
Fabasoft AG is a software manufacturer and provider of cloud services for the digital control of documents as well as electronic document, process, and record management. The software ensures the consistent capture, organization, secure storage, and context-sensitive findings of all digital business documents and the media-neutral multi-channel publishing of digital content. Its software products can be used based on purchasing models with payment of one-off software license fees and optional recurring update tees or based on recurring usage fees for cloud services, Software-as-a-Service (SaaS). The company earns revenue from sales of software and services. Its business is classified under geographical segment that includes Austria, Germany, Switzerland, and Other countries.

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