GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Sweco AB (OSTO:SWEC B) » Definitions » 6-Month Price Index

Sweco AB (OSTO:SWEC B) 6-Month Price Index : 1.13 (As of Jun. 09, 2024)


View and export this data going back to 2000. Start your Free Trial

What is Sweco 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), Sweco AB's 6-Month Price Index is 1.13.

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

For the Engineering & Construction subindustry, Sweco 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.

Sweco AB  (OSTO:SWEC 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.

Sweco AB  (OSTO:SWEC 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.

Sweco AB 6-Month Price Index Related Terms

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

Sweco AB (OSTO:SWEC B) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Sweco AB (OSTO:SWEC B) » Definitions » 6-Month Price Index
Comparable Companies
OSTO:SKA B OSTO:AFRY OSTO:PEAB B OSTO:BRAV OSTO:RATO A OSTO:NCC A OSTO:INSTAL OSTO:FG OSTO:VESTUM OSTO:EOLU B XPAR:DG NSE:LT PWR SHSE:601668 SHSE:601390 TSX:WSP EME J HKSE:01800 XKRX:028260
Traded in Other Exchanges
SWEC A:Sweden 0H0G:UK 7W71:Germany
Address
Gjorwellsgatan 22, Box 34044, Stockholm, SWE, SE-100 26
Website
https://www.swecogroup.com
Sweco AB offers consulting, engineering services, technology, and architecture. It designs buildings, city districts, and transportation infrastructure to meet customers' needs. The company's planning and project management capabilities help to supply forecasts and site supervision. Part of the process focuses on providing the right conditions and climate for people to live and work in. Modern technical solutions help supply clean water, reliable energy supply, and resource-efficient industrial facilities to transform structures. The company's segments are sorted geographically: Sweden, Norway, Finland, Denmark, the Netherlands, Belgium, United Kingdom, and Germany and Central Europe. The largest portion of sales derives from Sweden, and the region is a focal point for profitability.

Sweco AB (OSTO:SWEC B) Headlines

No Headlines