Saab AB (LTS:0GWL) 6-Month Price Index : 1.73 (As of May. 19, 2024)

View and export this data going back to 2007. Start your Free Trial

What is Saab 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 (2024-05-19), Saab AB's 6-Month Price Index is 1.73.

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

For the Aerospace & Defense subindustry, Saab 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.

Saab AB (LTS:0GWL) 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.

Saab AB (LTS:0GWL) 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.

Saab AB 6-Month Price Index Related Terms

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

Saab AB (LTS:0GWL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Saab AB (LTS:0GWL) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

SAABY:USA SAABF:USA SAAB B:Sweden SAABB:Mexico SDV:Germany

Address

Olof Palmes gata 17, 5th Floor, Stockholm, SWE, SE-111 22

Website

https://www.saab.com

Saab AB supplies products and services for military, defense, and civil security. The company operates within six segments: Aeronautics, Dynamics, Surveillance, Support and Services, Industrial Products and Services, and Kockums. Aeronautics involves the manufacturing of defense and commercial aerial systems. Dynamics produces combat weapons and defense training and management systems. The Surveillance segment supplies security services. Support and Services offers solutions related to civil and military missions. IPS creates traffic management technology and aviation parts. Kockums offers solutions for naval missions. Over three quarters of its sales are from the defense sector. The company sells to multiple geographic regions, but over half of its sales come from Europe.

Saab AB (LTS:0GWL) Headlines

No Headlines