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Opera (OPRA) 6-Month Price Index : 1.11 (As of May. 22, 2024)


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What is Opera 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 (2024-05-22), Opera's 6-Month Price Index is 1.11.

Competitive Comparison of Opera's 6-Month Price Index

For the Internet Content & Information subindustry, Opera'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.

Opera  (NAS:OPRA) 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.

Opera  (NAS:OPRA) 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.

Opera 6-Month Price Index Related Terms

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

Opera (OPRA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Opera Ltd (NAS:OPRA) » Definitions » 6-Month Price Index
Comparable Companies
TBLA GENI ROVR SSTK ANGI FVRR NRDS MOMO TTGT KIND GOOGL META HKSE:00700 XAMS:PRX BIDU SPOT DASH JSE:NPN HKSE:01024 XKRX:035420
Traded in Other Exchanges
2V8:Germany 2V8:Germany
Address
Vitaminveien 4, Oslo, NOR, 0485
Website
https://www.opera.com
Opera Ltd is a global internet brand with a large, engaged and growing base. It offers users around the globe a range of products and services that include a variety of PC and mobile browsers, Opera Gaming portals and development tools, Opera News content recommendation products, and a number of e-commerce products and services. Its features include tabbed browsing, data savings, PC/mobile sync, and numerous features focused on privacy and security, including ad blocking and a built-in VPN. Its browser products include Opera Mini, Opera Browser for Android and iOS, Opera for Computers, Opera GX and Opera GX Mobile, separate browsers tailored for gamers. The newest addition of browsers is the beta release of a Web3-centric browser for PC and mobile which is tailored for crypto enthusiasts.