GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Odfjell SE (OSL:ODF) » Definitions » 6-Month Price Index

Odfjell SE (OSL:ODF) 6-Month Price Index : 1.57 (As of Jun. 03, 2024)


View and export this data going back to 1986. Start your Free Trial

What is Odfjell SE 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 (2024-06-03), Odfjell SE's 6-Month Price Index is 1.57.


Competitive Comparison of Odfjell SE's 6-Month Price Index

For the Marine Shipping subindustry, Odfjell SE'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.


Odfjell SE  (OSL:ODF) 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.


Odfjell SE  (OSL:ODF) 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.


Odfjell SE 6-Month Price Index Related Terms

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


Odfjell SE (OSL:ODF) Business Description

Traded in Other Exchanges
Address
Conrad Mohrs veg 29, P.O. Box 6101, Postterminalen, Bergen, NOR, 5892
Odfjell SE is a company engaged in the transportation and storage of bulk liquid chemicals, acids, edible oils, and other specialty products. It also owns and operates chemical tankers and tank terminals. The Company has two reportable operating segments: The Chemical Tankers involve a round-the-world service, servicing ports in Europe, North, and South America, the Middle East and Asia, Australia, and Africa, and The Tank Terminals segment offers storage of various chemical and petroleum products. It operates through various geographical regions which include North and South America, Norway, Netherlands, Australasia, Africa Middle East, and Asia, and derives a majority of its revenue from the Middle East and Asia.

Odfjell SE (OSL:ODF) Headlines

No Headlines