GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » TopRight Nordic AB (NGM:TOPR) » Definitions » 6-Month Price Index

TopRight Nordic AB (NGM:TOPR) 6-Month Price Index : 0.40 (As of Jun. 19, 2024)


View and export this data going back to 2017. Start your Free Trial

What is TopRight Nordic 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), TopRight Nordic AB's 6-Month Price Index is 0.40.


Competitive Comparison of TopRight Nordic AB's 6-Month Price Index

For the Security & Protection Services subindustry, TopRight Nordic 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.


TopRight Nordic AB  (NGM:TOPR) 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.


TopRight Nordic AB  (NGM:TOPR) 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.


TopRight Nordic AB 6-Month Price Index Related Terms

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


TopRight Nordic AB (NGM:TOPR) Business Description

Traded in Other Exchanges
N/A
Address
Taptogatan 6, Stockholm, SWE, 115 26
TopRight Nordic AB is engaged in modern light technology and digital glass. The company's solutions improve road safety, help brands to be brand new and transform traditional exposure areas to interactive viewing windows. It has three business areas: BRIGHT Attention, BRIGHT Safety, and SMART Glass. BRIGHT Attention offers unique solutions to create attention. BRIGHT Safety offers standard products, customized solutions and safety kits with lighting technology that contribute to a safer existence on roads and for the professional teams working in the dark. SMART Glass offers glass surfaces that can become lighting, windows, wall and screen in one.

TopRight Nordic AB (NGM:TOPR) Headlines

No Headlines