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Kongsberg Gruppen ASA (OSL:KOG) 6-Month Price Index : 1.84 (As of May. 20, 2024)


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What is Kongsberg Gruppen 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 (2024-05-20), Kongsberg Gruppen ASA's 6-Month Price Index is 1.84.


Competitive Comparison of Kongsberg Gruppen ASA's 6-Month Price Index

For the Aerospace & Defense subindustry, Kongsberg Gruppen 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.


Kongsberg Gruppen ASA  (OSL:KOG) 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.


Kongsberg Gruppen ASA  (OSL:KOG) 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.


Kongsberg Gruppen ASA 6-Month Price Index Related Terms

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Kongsberg Gruppen ASA (OSL:KOG) Business Description

Address
Kirkegardsveien 45, Kongsberg, NOR, N-3616
Kongsberg Gruppen ASA is an international technology company that supplies products and services to defense, maritime, oil, gas, and aerospace industries. The company is divided into two business segments: the maritime segment and defense and aerospace systems. Maritime, which earns most of the company revenue, creates navigation, automation, monitoring, and positioning products for commercial ships and offshore industries. The defense and aerospace segment provides defense and space-related products and systems. Outside of the two main segments, the firm operates Kongsberg Digital, which produces digital solutions for oil, gas, wind, and merchant marine markets. Products are delivered globally, with North America accounting for about a third of total revenue.

Kongsberg Gruppen ASA (OSL:KOG) Headlines

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