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ChromoGenics AB (OSTO:CHRO) 6-Month Price Index : 1.55 (As of Sep. 21, 2024)


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What is ChromoGenics 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 (2024-09-21), ChromoGenics AB's 6-Month Price Index is 1.55.

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

For the Building Products & Equipment subindustry, ChromoGenics 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.

ChromoGenics AB  (OSTO:CHRO) 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.

ChromoGenics AB  (OSTO:CHRO) 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.

ChromoGenics AB 6-Month Price Index Related Terms

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

ChromoGenics AB Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » ChromoGenics AB (OSTO:CHRO) » Definitions » 6-Month Price Index
Comparable Companies
XSAT:ZENZIP B OSTO:POLY XSAT:ALLT NGM:WIL XSAT:ABAS TT TSE:6367 CARR JCI XPAR:SGO XSWX:GEBN BLDR LII CSL DUB:KRX MAS OSTO:NIBE B OC SZSE:002271 WMS
Traded in Other Exchanges
384:Germany
Address
Ullforsgatan 15, Uppsala, SWE, 752 28
Website
http://www.chromogenics.com
ChromoGenics AB develops and produces dynamic glass with controllable optical properties in Sweden and internationally. The company offers ConverLight, an electrochromic glass, which provides UV protection for use in single glass pane and insulating glass unit solutions. This glass is suitable for new construction, reconstruction, and renovation and offers ultraviolet protection that reduces the risk of fading interiors.

ChromoGenics AB Headlines

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