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Olvi Oyj (LTS:0FHS) 6-Month Price Index : 0.94 (As of Dec. 14, 2024)


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What is Olvi Oyj 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 (2024-12-14), Olvi Oyj's 6-Month Price Index is 0.94.

Competitive Comparison of Olvi Oyj's 6-Month Price Index

For the Beverages - Brewers subindustry, Olvi Oyj'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.

Olvi Oyj  (LTS:0FHS) 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.

Olvi Oyj  (LTS:0FHS) 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.

Olvi Oyj 6-Month Price Index Related Terms

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

Olvi Oyj Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Olvi Oyj (LTS:0FHS) » Definitions » 6-Month Price Index
Comparable Companies
XLIS:ESON XLIS:MLFMV XLIS:SLBEN XLIS:IBS XLIS:SCB XLIS:CDU XLIS:INA XLIS:GLINT XLIS:CTT XLIS:SCT XBRU:ABI XAMS:HEIA BSP:ABEV3 XAMS:HEIO HKSE:01876 OCSE:CARL B TSE:2502 HKSE:00291 TSX:TPX.B TAP
Traded in Other Exchanges
OLVAS:Finland OVI:Germany
Address
Olvitie I-IV, Iisalmi, FIN, 74100
Website
https://www.olvi.fi
Olvi Oyj is engaged in the manufacturing of beers, ciders, long drinks, mineral waters, juices, soft drinks, energy drinks, sports beverages, and other non-alcoholic and alcoholic beverages. The firm's geographical segments include Finland, the Baltic Sea region (Estonia, Latvia, Lithuania and Denmark) and Belarus. It generates a majority of its revenue from Finland.

Olvi Oyj Headlines

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