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Lumi Gruppen AS (FRA:8KS) 6-Month Price Index : 0.85 (As of Jun. 08, 2024)


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What is Lumi Gruppen AS 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 (2024-06-08), Lumi Gruppen AS's 6-Month Price Index is 0.85.

Competitive Comparison of Lumi Gruppen AS's 6-Month Price Index

For the Education & Training Services subindustry, Lumi Gruppen AS'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.

Lumi Gruppen AS  (FRA:8KS) 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.

Lumi Gruppen AS  (FRA:8KS) 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.

Lumi Gruppen AS 6-Month Price Index Related Terms

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Lumi Gruppen AS (FRA:8KS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Lumi Gruppen AS (FRA:8KS) » Definitions » 6-Month Price Index
Comparable Companies
XTAE:GLRS XTAE:NTO XTAE:DIPL XTAE:TTAM XTAE:VCTR AIU EDU TAL HKSE:01797 ASX:IEL LOPE SZSE:002607 GHC COUR LRN LAUR ATGE HKSE:00839 STRA AFYA
Traded in Other Exchanges
LUMI:Norway
Address
Sandakerveien 116, Oslo, NOR, 0484
Website
https://www.lumigruppen.no
Lumi Gruppen AS is a private educational institution. Its focuses on each student and have a broad range of education programs both on-campus and online, from high school to vocational and university college. The company's segment includes Sonans; Oslo Nye Hoyskole; Ntech and others. It generates maximum revenue from the Sonans segment.

Lumi Gruppen AS (FRA:8KS) Headlines

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