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Freja eID Group AB (OSTO:FREJA) 6-Month Price Index : 1.35 (As of Jun. 09, 2024)


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What is Freja eID Group 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 (2024-06-09), Freja eID Group AB's 6-Month Price Index is 1.35.

Competitive Comparison of Freja eID Group AB's 6-Month Price Index

For the Software - Infrastructure subindustry, Freja eID Group 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.

Freja eID Group AB  (OSTO:FREJA) 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.

Freja eID Group AB  (OSTO:FREJA) 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.

Freja eID Group AB 6-Month Price Index Related Terms

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

Freja eID Group AB (OSTO:FREJA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Freja eID Group AB (OSTO:FREJA) » Definitions » 6-Month Price Index
Comparable Companies
NGM:BRIX OSTO:ALPCOT B OSTO:ANOT OSTO:CYB1 OSTO:BINERO OSTO:CLAV OSTO:ASAI OSTO:WPAY XSAT:QBNK XSAT:GENE MSFT ORCL ADBE PANW SNPS VMW FTNT CRWD PLTR SPLK
Traded in Other Exchanges
N/A
Address
Vasagatan 40, Box 3328, Stockholm, SWE, 103 66
Website
https://www.frejaeid.com
Freja eID Group AB is a Swedish tech company. The company offers an ID platform that gives the user control over their digital identity and data. Through the platform, the user can interact with companies and authorities but also with private individuals. The functions include e-identification, electronic signatures, sign-up, check-out, physical identification, and e-service identification. Its business is based on the Swedish market and the platform is built for international scalability.

Freja eID Group AB (OSTO:FREJA) Headlines

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