GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Winpak Ltd (TSX:WPK) » Definitions » 6-Month Price Index

Winpak (TSX:WPK) 6-Month Price Index : 1.10 (As of May. 27, 2024)


View and export this data going back to 1986. Start your Free Trial

What is Winpak 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 (2024-05-27), Winpak's 6-Month Price Index is 1.10.


Competitive Comparison of Winpak's 6-Month Price Index

For the Packaging & Containers subindustry, Winpak'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.


Winpak  (TSX:WPK) 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.


Winpak  (TSX:WPK) 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.


Winpak 6-Month Price Index Related Terms

Thank you for viewing the detailed overview of Winpak's 6-Month Price Index provided by GuruFocus.com. Please click on the following links to see related term pages.


Winpak (TSX:WPK) Business Description

Traded in Other Exchanges
Address
100 Saulteaux Crescent, Winnipeg, MB, CAN, R3J 3T3
Winpak Ltd manufactures and sells a variety of packaging materials and related packaging machines. The packaging materials are used primarily for perishable foods, beverages, and healthcare applications. It operates in three segments: flexible packaging, rigid packaging & flexible lidding, and packaging machinery. The flexible packaging segment includes modified atmosphere packaging, specialty films, and biaxially oriented nylon product groups. The rigid packaging and flexible lidding segment include rigid containers, lidding, and specialized printed packaging product groups. The company's geographical segments include the United States, Canada, and Mexico & others.
Executives
Dave Alexander Senior Officer

Winpak (TSX:WPK) Headlines

No Headlines