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Clas Ohlson AB (LTS:0GQE) 6-Month Price Index : 1.15 (As of Jun. 23, 2024)


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What is Clas Ohlson 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 (2024-06-23), Clas Ohlson AB's 6-Month Price Index is 1.15.

Competitive Comparison of Clas Ohlson AB's 6-Month Price Index

For the Specialty Retail subindustry, Clas Ohlson 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.

Clas Ohlson AB  (LTS:0GQE) 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.

Clas Ohlson AB  (LTS:0GQE) 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.

Clas Ohlson AB 6-Month Price Index Related Terms

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Clas Ohlson AB (LTS:0GQE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Clas Ohlson AB (LTS:0GQE) » Definitions » 6-Month Price Index
Comparable Companies
OSTO:FOI B OSTO:NEWA B OSTO:BOKUS OSTO:ELON ORLY TSX:ATD AZO TSCO ULTA SHSE:601888 GPC WSM DKS BBY ADX:ADNOCDIST CASY BBWI FIVE MUSA MNSO
Traded in Other Exchanges
CLAS B:Sweden CLASBs:UK OHCB:Germany
Address
Municipality of Leksand, Insjon, SWE, 793 85
Website
https://www.clasohlson.se
Clas Ohlson AB is a Swedish specialty retailer of home and office solutions. The company has five product categories: hardware, electrical, home, multimedia, and leisure items. The hardware category includes home repair tools, with Capere, Cocraft, and Clas Ohlson as proprietary brands. The electrical category consists of energy and electrical solutions, mainly under its own brands: Cotech and Northlight. Multimedia offers technology to connect devices. The home category offers practical items for the kitchen, wardrobe, bathroom, and laundry. Clas Ohlson's main markets by revenue are Sweden, Norway, Finland, and a few other countries outside the Nordics.

Clas Ohlson AB (LTS:0GQE) Headlines

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