GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Nordnet AB (publ) (LTS:0A6V) » Definitions » 6-Month Price Index

Nordnet AB (publ) (LTS:0A6V) 6-Month Price Index : 1.00 (As of Jun. 25, 2024)


View and export this data going back to 2021. Start your Free Trial

What is Nordnet AB (publ) 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 (2024-06-25), Nordnet AB (publ)'s 6-Month Price Index is 1.00.

Competitive Comparison of Nordnet AB (publ)'s 6-Month Price Index

For the Capital Markets subindustry, Nordnet AB (publ)'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.

Nordnet AB (publ)  (LTS:0A6V) 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.

Nordnet AB (publ)  (LTS:0A6V) 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.

Nordnet AB (publ) 6-Month Price Index Related Terms

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

Nordnet AB (publ) (LTS:0A6V) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Nordnet AB (publ) (LTS:0A6V) » Definitions » 6-Month Price Index
Comparable Companies
OSTO:CS OSTO:MANG OSTO:ARCANE OSTO:HAV B XSAT:SPGR MS GS SCHW ASX:MQG SHSE:600030 BSP:BPAC3 RJF TW SHSE:601066 LPLA TSE:8604 HOOD SHSE:601688 SHSE:601211 SHSE:600999
Traded in Other Exchanges
SAVE:Sweden SAVEs:UK 9JL:Germany
Address
Alstromergatan 39, Box 30099, Stockholm, SWE, SE-104 25
Website
https://www.nordnetab.com
Nordnet AB (publ) is a digital platform in the Nordics for savings and investments. The company operates in Sweden, Norway, Denmark and Finland. Nordnet's purpose is to democratize savings and investments. It provides trading in a large number of equities, funds and other types of securities from several markets at a low price, as well as pension savings without fixed fees. The firm also offers margin loans, private loans and mortgages. There are a number of user-interfaces to choose from, such as web, app or more advanced trading applications. Digital financial guidance tools are offered to customers who want help and inspiration with their savings. Nordnet also runs the largest social investment network in the Nordics, Shareville.

Nordnet AB (publ) (LTS:0A6V) Headlines

No Headlines