ExeoTech Invest AB (NGM:ETIN) 6-Month Price Index : 1.00 (As of Jun. 19, 2024)

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What is ExeoTech Invest 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 (2024-06-19), ExeoTech Invest AB's 6-Month Price Index is 1.00.

Competitive Comparison of ExeoTech Invest AB's 6-Month Price Index

For the Food Distribution subindustry, ExeoTech Invest 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.

ExeoTech Invest AB (NGM:ETIN) 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.

ExeoTech Invest AB (NGM:ETIN) 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.

ExeoTech Invest AB 6-Month Price Index Related Terms

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ExeoTech Invest AB (NGM:ETIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » ExeoTech Invest AB (NGM:ETIN) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

N/A

Address

Norra Vagen 18, Kalmar, SWE, 392 34

Website

http://www.exeotech.se

ExeoTech Invest AB invests in companies engaged in developing, manufacturing and supplying of stabilized maritime VSAT antenna systems enabling vessels in motion on-line two-way satellite broadband communication.

ExeoTech Invest AB (NGM:ETIN) Headlines

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