GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Elopak ASA (OSL:ELO) » Definitions » 6-Month Price Index

Elopak ASA (OSL:ELO) 6-Month Price Index : 0.85 (As of Apr. 12, 2025)


View and export this data going back to 2021. Start your Free Trial

What is Elopak 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 (2025-04-12), Elopak ASA's 6-Month Price Index is 0.85.


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

For the Packaging & Containers subindustry, Elopak 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.


Elopak ASA  (OSL:ELO) 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.


Elopak ASA  (OSL:ELO) 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.


Elopak ASA 6-Month Price Index Related Terms

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


Elopak ASA Business Description

Traded in Other Exchanges
Address
Industriveien 30, Spikkestad, NOR, 3430
Elopak ASA is a supplier of carton packaging, filling equipment and technical services. It uses renewable, recyclable, and sustainably sourced materials to provide packaging solutions. The company offers a natural and convenient alternative to plastic bottles and fits within a low carbon circular economy. It generates the majority of its revenue from Cartons and closures, followed by Equipment, and services. The company's geographical segments include Germany, the United States, Canada, the Netherlands, Norway. and others.

Elopak ASA Headlines

No Headlines