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Scandinavian Brake Systems AS (OCSE:SBS) 6-Month Price Index : 1.04 (As of Apr. 28, 2025)


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What is Scandinavian Brake Systems AS 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 (2025-04-28), Scandinavian Brake Systems AS's 6-Month Price Index is 1.04.


Competitive Comparison of Scandinavian Brake Systems AS's 6-Month Price Index

For the Auto Parts subindustry, Scandinavian Brake Systems AS'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.


Scandinavian Brake Systems AS  (OCSE:SBS) 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.


Scandinavian Brake Systems AS  (OCSE:SBS) 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.


Scandinavian Brake Systems AS 6-Month Price Index Related Terms

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Scandinavian Brake Systems AS Business Description

Traded in Other Exchanges
N/A
Address
Kuopiovej 11, Svendborg, DNK, 5700
Scandinavian Brake Systems AS is a Denmark based company engaged in manufacturing and selling of automotive and friction parts. Its operating segments are SBS Automotive and SBS Friction and Other. SBS Automotive segment comprises activities within vehicles, including sourcing, completion, and distribution of brake parts and related wearing parts for vehicles. The automotive products offered by the group are brake parts, clutch kits, coil springs, shock absorbers, and other parts. SBS Friction segment includes activities related to the manufacturing and sale of friction materials for motorcycles, wind turbines and for other areas. SBS Automotive segment contributes majorly to the group's revenue.

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