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MAG Interactive AB (LTS:0GJ1) 6-Month Price Index : 1.00 (As of Dec. 01, 2024)


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What is MAG Interactive 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 (2024-12-01), MAG Interactive AB's 6-Month Price Index is 1.00.

Competitive Comparison of MAG Interactive AB's 6-Month Price Index

For the Electronic Gaming & Multimedia subindustry, MAG Interactive 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.

MAG Interactive AB  (LTS:0GJ1) 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.

MAG Interactive AB  (LTS:0GJ1) 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.

MAG Interactive AB 6-Month Price Index Related Terms

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

MAG Interactive AB Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » MAG Interactive AB (LTS:0GJ1) » Definitions » 6-Month Price Index
Comparable Companies
OSTO:THUNDR XSAT:BEYOND OSTO:FLEXM OSTO:STAR B OSTO:FAGA OSTO:MAXENT B OSTO:FRAG OSTO:SCOUT OSTO:GCOR OSTO:LADYLU ATVI MEX:ATVI NTES TSE:7974 EA TTWO RBLX TSE:3659 TSE:9766 TSE:9697
Traded in Other Exchanges
MAGI:Sweden
Address
Drottninggatan 95A, Stockholm, SWE, SE-113 60
Website
https://www.maginteractive.com
MAG Interactive AB is a Sweden based company that operates in the international games market as a developer and publisher of casual mobile games. The company's portfolio of games contains word games, puzzle game, and trivia games. The games of the company include ruzzle, word domination, wordbrain, wordbrain2, paint hit, quiz duel, qordalot, and ruzzle adventure. It generates revenue from In-app purchases and Advertising sales. Geographically, it derives a majority of revenue from Sweden.

MAG Interactive AB Headlines

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