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Swedencare AB (Swedencare AB) 6-Month Price Index : 0.84 (As of May. 21, 2024)


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What is Swedencare 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 (2024-05-21), Swedencare AB's 6-Month Price Index is 0.84.

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

For the Drug Manufacturers - Specialty & Generic subindustry, Swedencare 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.

Swedencare AB  (OTCPK:SWDCF) 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.

Swedencare AB  (OTCPK:SWDCF) 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.

Swedencare AB 6-Month Price Index Related Terms

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Swedencare AB (Swedencare AB) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Swedencare AB (OTCPK:SWDCF) » Definitions » 6-Month Price Index
Comparable Companies
OSTO:BIOG B OSTO:PROB OSTO:CRNO B XSAT:EQL OSTO:ENZY OSTO:ORX OSTO:ALZCUR OSTO:MOB OSTO:ERMA OSTO:VIVE ZTS XTER:MRK TSE:4502 LSE:HLN NSE:SUNPHARMA TSE:4523 TSE:4507 SZSE:000538 XSWX:SDZ HKSE:03692
Traded in Other Exchanges
SECARE:Sweden 0ABG:UK 7XY:Germany
Address
Per Albin Hanssons Vag 41, Medeon Science Park, Malmo, SWE, 205 12
Website
https://www.swedencare.se
Swedencare AB is specialized in pet healthcare and produces partly in own factories, markets and sells premium products on the global market. The company has a wide range of brands and products within most therapy areas, which includes Animal Pharmaceuticals, nutravet, NutriScience, PetMD, Stratford, VetWELL as well as ProDen PlaqueOff for oral health to dogs and cats. The company's products are sold in approximately fifty markets.

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