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Evolution AB (OSTO:EVO) 6-Month Price Index : 1.23 (As of May. 01, 2024)


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What is Evolution 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 (2024-05-01), Evolution AB's 6-Month Price Index is 1.23.

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

For the Gambling subindustry, Evolution 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.

Evolution AB  (OSTO:EVO) 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.

Evolution AB  (OSTO:EVO) 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.

Evolution AB 6-Month Price Index Related Terms

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

Evolution AB (OSTO:EVO) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Evolution AB (OSTO:EVO) » Definitions » 6-Month Price Index
Comparable Companies
OSTO:KIND SDB OSTO:BETS B OSTO:KAMBI XSAT:ANGL OSTO:ACROUD XSAT:FGG OSTO:TANGI XSAT:BLICK DUB:FLTR ASX:ALL DKNG CHDN LSE:ENT LNW ASX:TLC XPAR:FDJ ATH:OPAP IGT MIL:LTMC TSE:6417
Traded in Other Exchanges
EVGGF:USA EVVTY:USA EVO:Mexico EVOs:UK 0RQ6:UK E3G1:Germany
Address
Hamngatan 11, Stockholm, SWE, SE-111 47
Website
https://www.evolution.com
Evolution AB is a B2B provider of live and slots casino systems. The Company develops, produces, markets, and licenses fully integrated online casino systems to gaming operators. The company provides business-to-business solutions, which it develops and produces for gaming operators. Evolution's primary product, Live Casino, allows a human dealer to run a real-time casino table, which is then streamed to digital devices. Players can then place bets on desktops, smartphones, and tablets and communicate with the dealer through Evolution's software. The company's services are licensed to casino operators. The company generates the vast majority of its revenue from Asia.