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Tata Steel Thailand PCL (BKK:TSTH) 6-Month Price Index : 0.95 (As of Jun. 01, 2024)


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What is Tata Steel Thailand 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 (2024-06-01), Tata Steel Thailand PCL's 6-Month Price Index is 0.95.

Competitive Comparison of Tata Steel Thailand PCL's 6-Month Price Index

For the Steel subindustry, Tata Steel Thailand 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.

Tata Steel Thailand PCL  (BKK:TSTH) 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.

Tata Steel Thailand PCL  (BKK:TSTH) 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.

Tata Steel Thailand PCL 6-Month Price Index Related Terms

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Tata Steel Thailand PCL (BKK:TSTH) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Tata Steel Thailand PCL (BKK:TSTH) » Definitions » 6-Month Price Index
Comparable Companies
BKK:GJS BKK:TMT BKK:INOX BKK:MCS BKK:SMIT BKK:MILL BKK:ZIGA BKK:CEN BKK:SSSC BKK:PAP NUE XKRX:005490 BOM:500228 XAMS:MT TSE:5401 NSE:TATASTEEL STLD SHSE:600019 RS TPE:2002
Traded in Other Exchanges
MVX:Germany
Address
555 Phaholyothin Road, Rasa Tower 2, 20th Floor, Chatuchak Sub-district, Chatuchak District, Bangkok, THA, 10900
Website
https://www.tatasteelthailand.com
Tata Steel Thailand PCL is a Thailand-based holding company which is engaged in investing in other companies and providing management services. It is engaged in manufacturing, rendering manufacturing services, distributing and trading of steel bars, wire rods, and small-section products through its subsidiaries. The company operates in a single segment being the Manufacturing and distribution of long steel products. The product line of the company includes rebar, deformed bar, round bar, seismic bar, cut and bend bars, wire roads including high carbon wire rods and low carbon, special wire rods, and others.

Tata Steel Thailand PCL (BKK:TSTH) Headlines

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