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Strax AB (OSTO:STRAX) 6-Month Price Index : 0.49 (As of May. 26, 2024)


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What is Strax 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 (2024-05-26), Strax AB's 6-Month Price Index is 0.49.

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

For the Communication Equipment subindustry, Strax 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.

Strax AB  (OSTO:STRAX) 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.

Strax AB  (OSTO:STRAX) 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.

Strax AB 6-Month Price Index Related Terms

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

Strax AB (OSTO:STRAX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Strax AB (OSTO:STRAX) » Definitions » 6-Month Price Index
Comparable Companies
OSTO:HDW B XSAT:EXALT CSCO SHSE:601138 MSI HPE OHEL:NOKIA SHSE:688036 OSTO:ERIC B SZSE:000063 ZBRA JNPR SZSE:300394 TPE:2345 CIEN UI SZSE:300502 SHSE:600745 SZSE:300628 SHSE:600487
Traded in Other Exchanges
NOBC:Germany
Address
Master Samuelsgatan 10, Stockholm, SWE, 111 44
Website
https://www.strax.com
Strax AB is specialized in accessories that empower mobile lifestyles. Its portfolio of branded accessories covers all major mobile accessory categories: Protection, Power, Connectivity, as well as Personal Audio. Its Health & Wellness category offers branded Personal Protection products. Its distribution business reaches a broad customer base, through 70 000 brick and mortar stores around the globe, as well as through online marketplaces and direct-to-consumers. The company's wholly-owned brands include Urbanista, Clckr, Richmond & Finch, Planet Buddies, xqisit, AVO+, Dottir and grell, and licensed brands include adidas, Bugatti, Diesel, Superdry and WeSC. The firm's distribution business also services over 40 other major mobile accessory brands.

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