Taiwan Taxi Co (ROCO:2640) 6-Month Price Index : 1.08 (As of May. 26, 2024)

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What is Taiwan Taxi Co 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 (2024-05-26), Taiwan Taxi Co's 6-Month Price Index is 1.08.

Competitive Comparison of Taiwan Taxi Co's 6-Month Price Index

For the Railroads subindustry, Taiwan Taxi Co'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.

Taiwan Taxi Co (ROCO:2640) 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.

Taiwan Taxi Co (ROCO:2640) 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.

Taiwan Taxi Co 6-Month Price Index Related Terms

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Taiwan Taxi Co (ROCO:2640) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Taiwan Taxi Co Ltd Inc (ROCO:2640) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

N/A

Address

Chang'an East Road, Zhongshan District, 2nd Floor, No. 162, Section 2, Taipei City, TWN, 241

Website

http://www.taiwantaxi.com.tw

Taiwan Taxi Co Ltd Inc is a platform peripheral sales and service activities derived from the platform, which are divided into product sales and labor services and information media. The company is engaged in providing taxi passengers cars with drivers. It provides taxi services around Taiwan.

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