Tatung Co (TPE:2371) 6-Month Price Index : 1.30 (As of Jun. 06, 2024)

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What is Tatung 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 (2024-06-06), Tatung Co's 6-Month Price Index is 1.30.

Competitive Comparison of Tatung Co's 6-Month Price Index

For the Conglomerates subindustry, Tatung 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.

Tatung Co (TPE:2371) 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.

Tatung Co (TPE:2371) 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.

Tatung Co 6-Month Price Index Related Terms

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Tatung Co (TPE:2371) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Tatung Co Ltd (TPE:2371) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 22, Section 3, Zhongshan North Road, Taipei, TWN, 104427

Website

http://www.tatung.com.tw

Tatung Co Ltd is a Taiwan-based conglomerate that primarily operates through the following business groups. The Optoelectronics business group manufactures TFD - LCD, small and medium-sized panels. The consumer business group produces digital entertainment products, Internet of Things products, air conditioners, home appliances, LED TVs, and other products. The Machinery and system business group is engaged in areas such as the Internet of Things and smart grid, new energy systems, motors, machinery and energy systems.; and the Real estate segments. The company generates most of its revenue from Taiwan, China, and Asia.

Tatung Co (TPE:2371) Headlines

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