GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Iceland Seafood International hf (OISE:ICESEA) » Definitions » 6-Month Price Index

Iceland Seafood International hf (OISE:ICESEA) 6-Month Price Index : 0.93 (As of Jun. 09, 2024)


View and export this data going back to 2016. Start your Free Trial

What is Iceland Seafood International hf 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 (2024-06-09), Iceland Seafood International hf's 6-Month Price Index is 0.93.


Competitive Comparison of Iceland Seafood International hf's 6-Month Price Index

For the Packaged Foods subindustry, Iceland Seafood International hf'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.


Iceland Seafood International hf  (OISE:ICESEA) 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.


Iceland Seafood International hf  (OISE:ICESEA) 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.


Iceland Seafood International hf 6-Month Price Index Related Terms

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


Iceland Seafood International hf (OISE:ICESEA) Business Description

Traded in Other Exchanges
N/A
Address
Kollunarklettsvegur 2, Reykjavik, ISL, 104
Iceland Seafood International hf is engaged in the sale, processing, and marketing of frozen, salted, and fresh seafood. The company's operating segment includes Value-added Southern Europe; Value added Northern Europe; Sales and Distribution and Other. It generates maximum revenue from the Value-added Southern Europe segment.

Iceland Seafood International hf (OISE:ICESEA) Headlines

No Headlines