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Orange Belgium (XBRU:OBEL) 6-Month Price Index : 1.10 (As of Jun. 09, 2024)


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What is Orange Belgium 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 (2024-06-09), Orange Belgium's 6-Month Price Index is 1.10.


Competitive Comparison of Orange Belgium's 6-Month Price Index

For the Telecom Services subindustry, Orange Belgium'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.


Orange Belgium  (XBRU:OBEL) 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.


Orange Belgium  (XBRU:OBEL) 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.


Orange Belgium 6-Month Price Index Related Terms

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


Orange Belgium (XBRU:OBEL) Business Description

Traded in Other Exchanges
Address
Avenue du Bourget 3, Brussels, BEL, BE-1140
Orange Belgium SA is a triple-play telecommunications company that provides mobile, fixed telephone, digital TV, and broadband Internet services to households and companies. In terms of products, the majority of revenue comes from mobile services. most of the group's mobile customers are postpaid subscribers. The company also operates in Luxembourg, but overall company revenue comes mostly from Belgium. Orange Belgium owns telecommunications infrastructure, including fiber networks. The company also acts as a wholesaler, allowing mobile virtual network operators access to Orange Belgium's infrastructure.

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