Siem Industries (Siem Industries) 6-Month Price Index : 1.10 (As of Apr. 29, 2024)

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What is Siem 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 (2024-04-29), Siem Industries's 6-Month Price Index is 1.10.

Competitive Comparison of Siem Industries's 6-Month Price Index

For the Marine Shipping subindustry, Siem 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.

Siem Industries (OTCPK:SEMUF) 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.

Siem Industries (OTCPK:SEMUF) 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.

Siem Industries 6-Month Price Index Related Terms

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Siem Industries (Siem Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Siem Industries Inc (OTCPK:SEMUF) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ugland House, South Church Street, P.O. Box 309, George Town, Grand Cayman, CYM, KY1-1104

Website

https://www.siemindustries.com

Siem Industries Inc is a diversified industrial holding company that operates through autonomous affiliates. The company has segregated its operations into Offshore Support Vessels, Reefer Vessels and Car Carriers, Cable-lay for Offshore Wind Farms (OWF), Scientific Core-Drilling, Shipbuilding, Potash-Mining and Corporate and Other. The company hold interests in several industrial areas including the oil and gas services industry and renewable energy sector, ocean transportation of refrigerated cargoes and automobiles, potash mining and finance. It generates maximum revenue from the Offshore Support Vessels segment.

Siem Industries (Siem Industries) Headlines

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