GURUFOCUS.COM » STOCK LIST » Technology » Software » Volue ASA (OSTO:VOLUEo) » Definitions » 6-Month Price Index

Volue ASA (OSTO:VOLUEO) 6-Month Price Index : 1.37 (As of Mar. 17, 2025)


View and export this data going back to 2021. Start your Free Trial

What is Volue ASA 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 (2025-03-17), Volue ASA's 6-Month Price Index is 1.37.


Competitive Comparison of Volue ASA's 6-Month Price Index

For the Software - Application subindustry, Volue ASA'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.


Volue ASA  (OSTO:VOLUEo) 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.


Volue ASA  (OSTO:VOLUEo) 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.


Volue ASA 6-Month Price Index Related Terms

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


Volue ASA Business Description

Traded in Other Exchanges
N/A
Address
Christian Krohgs gate 16, Postboks 9008, Oslo, NOR, NO-0186
Volue ASA is engaged in investing in its own and managing companies and carrying out its business activities within IT and other software services. It has three segments: Energy, Power Grid, and Infrastructure. The Energy segment delivers solutions that help customers master the energy transition by enabling wall-to-wall digitalization of the green energy value chain. The Power Grid segment enables power distributors to support the electrification of society by unlocking flexibility and digital management of the power grid. The infrastructure segment offers customers flexible capabilities for digital water management and helps automate processes and machines for the construction industry. The majority of the company's revenue comes from the Energy segment.

Volue ASA Headlines

No Headlines