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Carmit Candy Industries (XTAE:CRMT) 6-Month Price Index : 1.25 (As of May. 31, 2024)


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What is Carmit Candy Industries 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 (2024-05-31), Carmit Candy Industries's 6-Month Price Index is 1.25.

Competitive Comparison of Carmit Candy Industries's 6-Month Price Index

For the Confectioners subindustry, Carmit Candy Industries'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.

Carmit Candy Industries  (XTAE:CRMT) 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.

Carmit Candy Industries  (XTAE:CRMT) 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.

Carmit Candy Industries 6-Month Price Index Related Terms

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

Carmit Candy Industries (XTAE:CRMT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Carmit Candy Industries Ltd (XTAE:CRMT) » Definitions » 6-Month Price Index
Comparable Companies
XTAE:ENDY XTAE:ELSPC XTAE:CMER XTAE:CTPL1 XTAE:PRMG XTAE:NXTM XTAE:ARAN XTAE:OPAL XTAE:RLCO XTAE:WESR MDLZ HSY XSWX:LISN XSWX:BARN XKRX:271560 TR TSE:2222 CAS:CSR TSE:2201 XKRX:004990
Traded in Other Exchanges
N/A
Address
25 Hahagana Street, Rishon Lezion, ISR, 75706
Website
http://www.carmit.co.il
Carmit Candy Industries Ltd is a confectionery manufacturer. It produces confectionery products for private label brands. Its products include chocolate coins, marshmallows, Dairy-free chocolate, lollipops and toffees, and chocolate bars, among others. It caters to industrial and professional markets in Israel and produces chocolate, which serves as raw material for the chocolate, ice cream, dairy, confectionery, bakery and other industries.