GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » S2Medical AB (FRA:S21) » Definitions » 6-Month Price Index

S2Medical AB (FRA:S21) 6-Month Price Index : 0.36 (As of Dec. 12, 2024)


View and export this data going back to 2019. Start your Free Trial

What is S2Medical 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 (2024-12-12), S2Medical AB's 6-Month Price Index is 0.36.

Competitive Comparison of S2Medical AB's 6-Month Price Index

For the Medical Instruments & Supplies subindustry, S2Medical 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.

S2Medical AB  (FRA:S21) 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.

S2Medical AB  (FRA:S21) 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.

S2Medical AB 6-Month Price Index Related Terms

Thank you for viewing the detailed overview of S2Medical AB's 6-Month Price Index provided by GuruFocus.com. Please click on the following links to see related term pages.

S2Medical AB Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » S2Medical AB (FRA:S21) » Definitions » 6-Month Price Index
Comparable Companies
XSAT:EURI B XSAT:AUDNTS XSAT:ODIN ISRG XPAR:EL BDX XSWX:ALC TSE:7741 WST OCSE:COLO B RMD TSE:4543 XSWX:STMN BAX XPAR:DIM HOLX TSE:7733 COO TSE:6869 SZSE:300896
Traded in Other Exchanges
S2M:Sweden
Address
Sunnorpsgatan 5, Linkoping, SWE, 582 73
Website
https://www.s2m.se
S2Medical AB is a research-intensive MedTech company from Sweden. The company has developed several unique wound care products and has many disruptive technologies in the pipeline. Its products include wound debridment, blood stilling, skin grafting, tissue substitutes, bandage, and antimicrobial.

S2Medical AB Headlines

No Headlines