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Volvo Car AB (STU:8JO1) 6-Month Price Index : 0.68 (As of Dec. 11, 2024)


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What is Volvo Car 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 (2024-12-11), Volvo Car AB's 6-Month Price Index is 0.68.

Competitive Comparison of Volvo Car AB's 6-Month Price Index

For the Auto Manufacturers subindustry, Volvo Car 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.

Volvo Car AB  (STU:8JO1) 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.

Volvo Car AB  (STU:8JO1) 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.

Volvo Car AB 6-Month Price Index Related Terms

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

Volvo Car AB Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Volvo Car AB (STU:8JO1) » Definitions » 6-Month Price Index
Comparable Companies
OSTO:CLEMO OSTO:NILS XSAT:HYCO OSTO:ELLWEE TSLA TSE:7203 SZSE:002594 XTER:MBG XTER:BMW STLA XTER:VOW3 MIL:RACE TSE:7267 F GM NSE:MARUTI LI XKRX:005380 HKSE:02333 NSE:TATAMOTORS
Traded in Other Exchanges
VLVCY:USA VLVOF:USA VOLCAR B:Sweden 0AAK:UK VOLCBs:UK
Address
VAK Building, Gunnar Engellaus Vag, Gothenburg, SWE, 405 31
Website
https://www.volvocars.com
Volvo Car AB manufactures, designs, and supplies automobiles. The company offers a wide range of cars. Geographically, it has a presence in China, the US; Sweden; Germany; the United Kingdom; Japan, and South Korea. It generates maximum revenue from the sale of new cars.

Volvo Car AB Headlines

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