Arteca Jilava (BSE:ARJI) 6-Month Price Index : 0.70 (As of Jun. 23, 2024)

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What is Arteca Jilava 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 (2024-06-23), Arteca Jilava's 6-Month Price Index is 0.70.

Competitive Comparison of Arteca Jilava's 6-Month Price Index

For the Specialty Chemicals subindustry, Arteca Jilava'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.

Arteca Jilava (BSE:ARJI) 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.

Arteca Jilava (BSE:ARJI) 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.

Arteca Jilava 6-Month Price Index Related Terms

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Arteca Jilava (BSE:ARJI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Arteca Jilava SA (BSE:ARJI) » Definitions » 6-Month Price Index

Traded in Other Exchanges

N/A

Address

Prel. sos. giurgiului 33A, Jilava, ROU

Website

http://www.arteca.ro

Arteca Jilava SA is a manufacturer of rubber products. Its product line includes conveyer belts and hoses, gaskets, various articles of rubber flooring like technical rubber sheets, automotive articles, ebonite articles and military defense products, among others. The largest share of the company's turnover consists of the production and marketing revenues of hoses, conveyor belts and rubber sheets.

Arteca Jilava (BSE:ARJI) Headlines

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