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Industrivarden AB (OSTO:INDU A) 6-Month Price Index : 1.19 (As of May. 26, 2024)


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What is Industrivarden 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 (2024-05-26), Industrivarden AB's 6-Month Price Index is 1.19.

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

For the Asset Management subindustry, Industrivarden 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.

Industrivarden AB  (OSTO:INDU A) 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.

Industrivarden AB  (OSTO:INDU A) 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.

Industrivarden AB 6-Month Price Index Related Terms

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

Industrivarden AB (OSTO:INDU A) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Industrivarden AB (OSTO:INDU A) » Definitions » 6-Month Price Index
Comparable Companies
OSTO:LUND B OSTO:LATO B OSTO:KINV A OSTO:BURE OSTO:STOR B OSTO:NAVIGO PREF OSTO:CRED A NGM:SPLTN OSTO:SVOL A OSTO:ORES BLK BX KKR OSTO:INVE A APO TSX:BN BK AMP LSE:III XSWX:PGHN
Traded in Other Exchanges
INDU C:Sweden INDUCs:UK INDUAs:UK 0MHU:UK 0H13:UK IDVA:Germany
Address
Storgatan 10, Stockholm, SWE, 114 51
Website
https://www.industrivarden.net
Industrivarden AB is an asset management firm with a long-term, activist orientation. The company's stated investment goal is to increase net asset value and generate returns in excess of the market cost of capital. Industrivarden makes investments in Nordic companies it can influence through corporate governance actions. It benchmarks its performance relative to the average return of the Stockholm Stock Exchange. The firm counts many public and private pension managers, foundations, and retail investors as its client base. Its security selection criteria emphasize enduring business models with promising growth prospects at an attractive valuation.

Industrivarden AB (OSTO:INDU A) Headlines

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