Gomero Group AB (FRA:EO8) 6-Month Price Index : 1.86 (As of May. 26, 2024)

View and export this data going back to 2023. Start your Free Trial

What is Gomero 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 (2024-05-26), Gomero Group AB's 6-Month Price Index is 1.86.

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

For the Pollution & Treatment Controls subindustry, Gomero 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.

Gomero Group AB (FRA:EO8) 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.

Gomero Group AB (FRA:EO8) 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.

Gomero Group AB 6-Month Price Index Related Terms

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

Gomero Group AB (FRA:EO8) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Gomero Group AB (FRA:EO8) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

GOMERO:Sweden

Address

Kampegatan 16, Gothenburg, SWE, 411 04

Website

https://www.gomero.com

Gomero Group AB is engaged in the energy sector. The company develops technical systems and associated services to be able to predict and automate maintenance in various industrial processes. The firm offers technically connected products for measurement, control and data analysis. Its customers are found in energy distribution, energy storage and energy production as well as in the electricity-intensive industry.

Gomero Group AB (FRA:EO8) Headlines

No Headlines