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PT Astra Agro Lestari Tbk (ISX:AALI) 6-Month Price Index : 0.87 (As of May. 22, 2024)


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What is PT Astra Agro Lestari Tbk 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), PT Astra Agro Lestari Tbk's 6-Month Price Index is 0.87.


Competitive Comparison of PT Astra Agro Lestari Tbk's 6-Month Price Index

For the Farm Products subindustry, PT Astra Agro Lestari Tbk'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.


PT Astra Agro Lestari Tbk  (ISX:AALI) 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.


PT Astra Agro Lestari Tbk  (ISX:AALI) 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.


PT Astra Agro Lestari Tbk 6-Month Price Index Related Terms

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PT Astra Agro Lestari Tbk (ISX:AALI) Business Description

Traded in Other Exchanges
Address
Jalan Puloayang Raya Blok OR-1, Kawasan Industri Pulogadung, Jakarta, IDN, 13930
PT Astra Agro Lestari Tbk cultivates oil palm plantations and operates several oil palm mills and refineries in Southeast Asia. The company produces crude palm oil and palm kernel oil from its own plantations. Additionally, it purchases products harvested from oil palm trees from smaller third parties in communities surrounding its own plantations. The oils and products harvested are shipped to oil mills and refineries as the company can generate multiple uses from a single plant. Astra Agro Lestari has established marketing offices to help export its refined product to various regions located throughout Asia. It has implemented mechanization, automation, and a water management system to streamline processes and enhance efficiency.

PT Astra Agro Lestari Tbk (ISX:AALI) Headlines

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