Lease IT PCL (BKK:LIT) 6-Month Price Index : 1.17 (As of May. 21, 2024)

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What is Lease IT PCL 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 (2024-05-21), Lease IT PCL's 6-Month Price Index is 1.17.

Competitive Comparison of Lease IT PCL's 6-Month Price Index

For the Credit Services subindustry, Lease IT PCL'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.

Lease IT PCL (BKK:LIT) 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.

Lease IT PCL (BKK:LIT) 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.

Lease IT PCL 6-Month Price Index Related Terms

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Lease IT PCL (BKK:LIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Lease IT PCL (BKK:LIT) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rama III Road, 1023 MS Siam Tower, 29th Floor, Chongnonsi, Yannawa, Bangkok, THA, 10120

Website

https://www.leaseit.co.th

Lease IT PCL is a Thailand-based company engaged in providing financial services in the form of hire-purchase, leasing, factoring services, and loans. It is organized into three business segments based on its services such as Lending business in term of hire-purchase, financial leases, factoring from selling and service, loans and sales of goods, Providing the data information and credit analysis included the project management and online shopping service platform with installment payment. It generates maximum revenue from financial services.