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Fable Media Group AB (XSAT:FABLE) 6-Month Price Index : 1.11 (As of Jun. 06, 2024)


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What is Fable Media 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 (2024-06-06), Fable Media Group AB's 6-Month Price Index is 1.11.


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

For the Gambling subindustry, Fable Media 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.


Fable Media Group AB  (XSAT:FABLE) 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.


Fable Media Group AB  (XSAT:FABLE) 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.


Fable Media Group AB 6-Month Price Index Related Terms

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Fable Media Group AB (XSAT:FABLE) Business Description

Traded in Other Exchanges
N/A
Address
Box 7066, Stockholm, SWE, 103 86
Fable Media Group AB formerly Future Gaming Group International AB is engaged in investing in and developing products for casino and lottery games on the Internet. It owns and operates bingo and casino sites.

Fable Media Group AB (XSAT:FABLE) Headlines

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