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Beijer Ref AB (OSTO:BEIJ B) 6-Month Price Index : 1.54 (As of May. 13, 2024)


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What is Beijer Ref 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 (2024-05-13), Beijer Ref AB's 6-Month Price Index is 1.54.

Competitive Comparison of Beijer Ref AB's 6-Month Price Index

For the Specialty Industrial Machinery subindustry, Beijer Ref 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.

Beijer Ref AB  (OSTO:BEIJ B) 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.

Beijer Ref AB  (OSTO:BEIJ B) 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.

Beijer Ref AB 6-Month Price Index Related Terms

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

Beijer Ref AB (OSTO:BEIJ B) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Beijer Ref AB (OSTO:BEIJ B) » Definitions » 6-Month Price Index
Comparable Companies
OSTO:TREL B OSTO:MYCR OSTO:EPRO B OSTO:TROAX OSTO:BEIA B OSTO:ALIG OSTO:COIC OSTO:NMAN OSTO:XANO B OSTO:CCC GE XTER:SIE XPAR:SU ETN XKRX:373220 ITW OSTO:ATCO A EMR PH AME
Traded in Other Exchanges
0A0H:UK BRZ0:Germany
Address
Stortorget 8, Malmo, SWE, SE-211 34
Website
https://www.beijerref.com
Beijer Ref AB is a Sweden-based company that trades, distributes, and services refrigeration systems, as well as components for refrigeration systems, air conditioning, and heat pumps. The company serves demands from commercial refrigeration (targeting food stores, shopping malls, hotels, and others), industrial refrigeration (targeting ice rinks, offices, computer rooms, and others), and comfort cooling (targeting private residences, stores, and others). Beijer Ref's sales are primarily made to refrigeration installation contractors, service vendors, building companies, and refrigerator makers. The company generates substantially all of its sales from the European market.

Beijer Ref AB (OSTO:BEIJ B) Headlines

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