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Sidi Kerir Petrochemicals (CAI:SKPC) 6-Month Price Index : 0.90 (As of May. 16, 2024)


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What is Sidi Kerir Petrochemicals 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 (2024-05-16), Sidi Kerir Petrochemicals's 6-Month Price Index is 0.90.


Competitive Comparison of Sidi Kerir Petrochemicals's 6-Month Price Index

For the Specialty Chemicals subindustry, Sidi Kerir Petrochemicals'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.


Sidi Kerir Petrochemicals  (CAI:SKPC) 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.


Sidi Kerir Petrochemicals  (CAI:SKPC) 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.


Sidi Kerir Petrochemicals 6-Month Price Index Related Terms

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Sidi Kerir Petrochemicals (CAI:SKPC) Business Description

Traded in Other Exchanges
N/A
Address
KM 36, Alexandria/Cairo Desert Road El-Amerya, El-Nahda Territory, Alexandria, EGY
Sidi Kerir Petrochemicals is an Egyptian joint stock company engaged in the production and distribution of petrochemical products. Its products are used in different applications, including film, blow molding, roto-molding and injection molding. The trade name of Sidi Kerir Petrochemicals polymers is named the Egyptene polymer portfolio includes linear low-density polyethylene and high-density polyethylene.

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