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Thai Textile Industry PCL (BKK:TTI) 6-Month Price Index : 1.00 (As of May. 29, 2024)


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What is Thai Textile Industry 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 (2024-05-29), Thai Textile Industry PCL's 6-Month Price Index is 1.00.


Competitive Comparison of Thai Textile Industry PCL's 6-Month Price Index

For the Textile Manufacturing subindustry, Thai Textile Industry 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.


Thai Textile Industry PCL  (BKK:TTI) 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.


Thai Textile Industry PCL  (BKK:TTI) 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.


Thai Textile Industry PCL 6-Month Price Index Related Terms

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


Thai Textile Industry PCL (BKK:TTI) Business Description

Traded in Other Exchanges
N/A
Address
Soi Bang Make Khao, Sukhumvit Road, 385 Moo 1, Soi Bang Make Khao, Taiban, Samutprakarn, Samutprakarn, THA, 10280
Thai Textile Industry PCL is engaged in the business of manufacturing, spinning service render, distributing yarns, apparel, and fabrics. The business operates in one segment that is Manufacturing and Distributing Yarns, Apparel, and Fabrics. The company caters only to the Thailand market. The product line of the company consists of blended yarns, dyed yarns, yarn dyed fabrics, piece dyed fabrics, shirt garments, cotton yarns, cotton spandex, rayon, polyester, and linen.