Ratchthani Leasing PCL (BKK:THANI) 6-Month Price Index : 0.93 (As of Jun. 10, 2024)

View and export this data going back to 2002. Start your Free Trial

What is Ratchthani Leasing PCL 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 (2024-06-10), Ratchthani Leasing PCL's 6-Month Price Index is 0.93.

Competitive Comparison of Ratchthani Leasing PCL's 6-Month Price Index

For the Credit Services subindustry, Ratchthani Leasing PCL'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.

Ratchthani Leasing PCL (BKK:THANI) 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.

Ratchthani Leasing PCL (BKK:THANI) 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.

Ratchthani Leasing PCL 6-Month Price Index Related Terms

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

Ratchthani Leasing PCL (BKK:THANI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Ratchthani Leasing PCL (BKK:THANI) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

N/A

Address

77/35-36, Krung Thon Buri, 11th UP Floor, Sinsathorn Tower, Klongtonsai, Klongsarn, Bangkok, THA, 10600

Website

https://www.ratchthani.com

Ratchthani Leasing PCL is a public company incorporated and domiciled in Thailand. The company is principally engaged in providing financial services specifically hire-purchase and leasing. Ratchathani Leasing PCL is organized into business units based on its products and services and has three reportable segments, namely, New Cars, Used Cars, and Others. The company operates only in Thailand and generates a majority of its revenue from Hire purchase interest income.

Ratchthani Leasing PCL (BKK:THANI) Headlines

No Headlines