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Scatec ASA (OSL:SCATC) 6-Month Price Index : 1.10 (As of Jun. 10, 2024)


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What is Scatec 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 (2024-06-10), Scatec ASA's 6-Month Price Index is 1.10.

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

For the Utilities - Renewable subindustry, Scatec 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.

Scatec ASA  (OSL:SCATC) 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.

Scatec ASA  (OSL:SCATC) 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.

Scatec ASA 6-Month Price Index Related Terms

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

Scatec ASA (OSL:SCATC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Scatec ASA (OSL:SCATC) » Definitions » 6-Month Price Index
Comparable Companies
OSL:CLOUD OSL:MGN OSL:IWS OSL:OSUN OSL:MPCES OSL:ALT OSL:NSOL OSL:EAM OSL:AEGA OSL:SKAND ISX:BREN CEG WBO:VER XPRA:CEZ OCSE:ORSTED SHSE:600905 SHSE:600025 SZSE:001289 BOM:541450 XLIS:EDPR
Traded in Other Exchanges
SSOo:Sweden SCATCo:UK 0R3I:UK 66T:Germany
Address
Askekroken 11, Oslo, NOR, NO-0277
Website
https://www.scatec.com
Scatec ASA is an independent solar power producer, delivering an affordable and sustainable source of clean energy worldwide. The business activity functions through Power Production (PP), Services, and Development and Construction (D&C), and Corporate. The PP segment comprises the Kalkbult and Linde plants in South Africa, the ASYV plant in Rwanda, and four plants in the Czech Republic. Its geographical segments are South Africa, Egypt, Malaysia, Honduras, Jordan, Czech Republic, Mozambique, Ukraine, Netherlands, Rwanda and Others.

Scatec ASA (OSL:SCATC) Headlines

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