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AMSC ASA (LTS:0JE5) 6-Month Price Index : 0.84 (As of Dec. 14, 2024)


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What is AMSC ASA 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), AMSC ASA's 6-Month Price Index is 0.84.


Competitive Comparison of AMSC ASA's 6-Month Price Index

For the Marine Shipping subindustry, AMSC ASA'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.


AMSC ASA  (LTS:0JE5) 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.


AMSC ASA  (LTS:0JE5) 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.


AMSC ASA 6-Month Price Index Related Terms

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


AMSC ASA Business Description

Traded in Other Exchanges
Address
Oksenoyveien 10, Building B, Lysaker, Baerum, NOR, 1366
AMSC ASA is a ship finance company focused on owning and bareboat chartering maritime assets. The company owns a fleet of nine modern handy size product tankers, one modern handy size shuttle tanker and an international subsea construction vessel. AMSC charters its vessels on long term bareboat charters that provide stable, predictable cash flow. Its operating segment includes AMSC's Offshore segment.

AMSC ASA Headlines

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