Ranplan Group AB (OSTO:RPLAN) 6-Month Price Index : 0.92 (As of Jun. 06, 2024)

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What is Ranplan 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), Ranplan Group AB's 6-Month Price Index is 0.92.

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

For the Software - Application subindustry, Ranplan 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.

Ranplan Group AB (OSTO:RPLAN) 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.

Ranplan Group AB (OSTO:RPLAN) 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.

Ranplan Group AB 6-Month Price Index Related Terms

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Ranplan Group AB (OSTO:RPLAN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Ranplan Group AB (OSTO:RPLAN) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

N/A

Address

Riddargatan 18, Floor 1, Stockholm, SWE, S-114 51

Website

https://www.ranplanwireless.com

Ranplan Group AB is a software company that develops, markets and sells (licenses) a suite of solutions that allow principally mobile operators, telecommunication equipment vendors and system integrators to cost-effectively and accurately plan, design and optimize for example 4G, 5G and Wi-Fi wireless networks inside the walls of buildings and in outdoor urban environments. The company has sales in Asia, North America and Europe, Middle east and Africa.

Ranplan Group AB (OSTO:RPLAN) Headlines

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