Arise AB (OSTO:ARISE) 6-Month Price Index : 1.42 (As of May. 19, 2024)

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What is Arise AB 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 (2024-05-19), Arise AB's 6-Month Price Index is 1.42.

Competitive Comparison of Arise AB's 6-Month Price Index

For the Utilities - Renewable subindustry, Arise AB'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.

Arise AB (OSTO:ARISE) 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.

Arise AB (OSTO:ARISE) 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.

Arise AB 6-Month Price Index Related Terms

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Arise AB (OSTO:ARISE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Arise AB (OSTO:ARISE) » Definitions » 6-Month Price Index

Traded in Other Exchanges

A4W:Germany

Address

Kristian IV: s vag 3, Box 808, Halmstad, SWE, 302 50

Website

https://www.arise.se

Arise AB is an onshore wind power company. The company operates its business in two segments: Own Wind Power Operations and Development & Management. The Own wind power operations comprise 10 wind farms totaling 139 MW in southern Sweden and is engaged in the production and sale of electricity and electricity certificates. The Development and Management segment includes project development, construction, and sales of projects for renewable electricity production and management.

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