GURUFOCUS.COM » STOCK LIST » Technology » Software » Swvl Holdings Corp (NAS:SWVL) » Definitions » 6-Month Price Index

Swvl Holdings (Swvl Holdings) 6-Month Price Index : 13.98 (As of May. 01, 2024)


View and export this data going back to 2022. Start your Free Trial

What is Swvl Holdings 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 (2024-05-01), Swvl Holdings's 6-Month Price Index is 13.98.

Competitive Comparison of Swvl Holdings's 6-Month Price Index

For the Software - Application subindustry, Swvl Holdings'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.

Swvl Holdings  (NAS:SWVL) 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.

Swvl Holdings  (NAS:SWVL) 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.

Swvl Holdings 6-Month Price Index Related Terms

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

Swvl Holdings (Swvl Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Swvl Holdings Corp (NAS:SWVL) » Definitions » 6-Month Price Index
Comparable Companies
AMSWA ONTF DAO RMNI OCFT MAPS EMBK API ENFN USER CRM INTU XTER:SAP NOW XPAR:DSY UBER TEAM TSX:SHOP WDAY ADSK
Traded in Other Exchanges
N/A
Address
The Offices 4, One Central, Dubai World Trade Centre, Dubai, ARE
Website
https://www.swvl.com
Swvl Holdings Corp is a technology-driven mobility company that aims to provide reliable, safe, cost-effective and environmentally responsible mass transit solutions. Its technology and services provide commuters, travelers and businesses with an alternative to traditional public transportation, taxi companies or other ridesharing companies. The company's core product is B2C Swvl Retail offering, which provides riders with a network of minibuses and other vehicles running on fixed or semi-fixed routes within cities. Commuters use its Swvl mobile application to book rides between pre-defined pick-up points located throughout the city.