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News Network PCL (BKK:NEWS-F) 6-Month Price Index : 1.00 (As of Oct. 31, 2024)


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What is News Network 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 (2024-10-31), News Network PCL's 6-Month Price Index is 1.00.


Competitive Comparison of News Network PCL's 6-Month Price Index

For the Software - Application subindustry, News Network 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.


News Network PCL  (BKK:NEWS-F) 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.


News Network PCL  (BKK:NEWS-F) 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.


News Network PCL 6-Month Price Index Related Terms

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


News Network PCL Business Description

Traded in Other Exchanges
Address
Rama 4 Road, 944 Mitrtown Office Tower, 28th Floor, Units 2807-2810, Wangmai, Pathumwan, Bangkok, THA, 10330
News Network Corp PCL engages in the business activities of the securities business and the main business of the Company is the distribution, installation, and development of software information systems, providing consultation and development of information technology system integrators, including computer network systems, acquisition of hardware, and software development. The company operates in two segments information technology and Securities. The majority of revenue is derived from the securities segment, which provides securities brokerage for investment units and securities brokerage and derivatives business agents.

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