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Transtema Group AB (OSTO:TRANS) 6-Month Price Index : 0.84 (As of Jun. 20, 2024)


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What is Transtema 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 (2024-06-20), Transtema Group AB's 6-Month Price Index is 0.84.

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

For the Telecom Services subindustry, Transtema 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.

Transtema Group AB  (OSTO:TRANS) 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.

Transtema Group AB  (OSTO:TRANS) 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.

Transtema Group AB 6-Month Price Index Related Terms

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Transtema Group AB (OSTO:TRANS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Transtema Group AB (OSTO:TRANS) » Definitions » 6-Month Price Index
Comparable Companies
OSTO:OVZON OSTO:NETEL OSTO:NETM B OSTO:TH1NG OSTO:TALK OSTO:BRE2 SHSE:600941 CMCSA TMUS VZ T XTER:DTE TSE:9432 NSE:BHARTIARTL HKSE:00728 TSE:9433 TSE:9984 CHTR TSE:9434 MEX:AMX B
Traded in Other Exchanges
N/A
Address
Flöjelbergsgatan 12, Mölndal, SWE, 431 37
Website
https://www.transtema.com
Transtema Group AB delivers network and communication solutions. The company offers design, construction, operation and maintenance of communication networks as well as technical consulting services to telecom operators, city networks, municipalities, power companies and larger companies. The company is active in the entire value chain, from planning, design and construction, to operation and maintenance. The company is also a reseller of network equipment.

Transtema Group AB (OSTO:TRANS) Headlines

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