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PT Sinar Mas Agro Resources & Technology Tbk (ISX:SMAR) 6-Month Price Index : 0.98 (As of Jun. 14, 2024)


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What is PT Sinar Mas Agro Resources & Technology 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 (2024-06-14), PT Sinar Mas Agro Resources & Technology Tbk's 6-Month Price Index is 0.98.

Competitive Comparison of PT Sinar Mas Agro Resources & Technology Tbk's 6-Month Price Index

For the Farm Products subindustry, PT Sinar Mas Agro Resources & Technology 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 Sinar Mas Agro Resources & Technology Tbk  (ISX:SMAR) 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 Sinar Mas Agro Resources & Technology Tbk  (ISX:SMAR) 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 Sinar Mas Agro Resources & Technology Tbk 6-Month Price Index Related Terms

Thank you for viewing the detailed overview of PT Sinar Mas Agro Resources & Technology Tbk's 6-Month Price Index provided by GuruFocus.com. Please click on the following links to see related term pages.

PT Sinar Mas Agro Resources & Technology Tbk (ISX:SMAR) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » PT Sinar Mas Agro Resources & Technology Tbk (ISX:SMAR) » Definitions » 6-Month Price Index
Comparable Companies
ISX:JPFA ISX:AALI ISX:SSMS ISX:TAPG ISX:STAA ISX:LSIP ISX:DSNG ISX:TLDN ISX:FAPA ISX:SGRO ADM SZSE:002714 SZSE:300498 SHSE:600438 TSN BG OSL:MOWI OSL:SALM SZSE:000876 ISX:CPIN
Traded in Other Exchanges
N/A
Address
Jalan MH Thamrin No. 51, Tower II, 28th-30th Floor, Sinar Mas Land Plaza, Jakarta, IDN, 10350
Website
https://www.smart-tbk.com
PT Sinar Mas Agro Resources & Technology Tbk is involved in the business of cultivating and harvesting oil palm trees, processing fresh fruit bunches into crude palm oil and palm kernel, and refining crude palm oil into value-added products. The firm's products include cooking oil, fat, margarine, crude palm oil, palm kernel, cocoa butter substitute, etc. Its scope of activities comprises plantation development, agriculture, trading, refining of plantation products, management services, and research related to the business.