Telecom EgyptE (CAI:ETEL) 6-Month Price Index : 0.92 (As of May. 17, 2024)

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What is Telecom EgyptE 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 (2024-05-17), Telecom EgyptE's 6-Month Price Index is 0.92.

Competitive Comparison of Telecom EgyptE's 6-Month Price Index

For the Telecom Services subindustry, Telecom EgyptE'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.

Telecom EgyptE (CAI:ETEL) 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.

Telecom EgyptE (CAI:ETEL) 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.

Telecom EgyptE 6-Month Price Index Related Terms

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Telecom EgyptE (CAI:ETEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Telecom Egypt SAE (CAI:ETEL) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

N/A

Address

B7 Building, Smart Village, K28 Cairo-Alexandria Desert Road, Cairo, EGY, 12577

Website

https://www.te.eg

Telecom Egypt SAE is the country's sole provider of fixed-line voice telecommunication services, where it generates the vast majority of its revenue. The company provides voice services, Internet, and data services in three segments: Communications marine cables and infrastructure services, Internet services, Outsourcing services. Additionally, because of Telecom Egypt's ownership of telecommunication infrastructure, there is wholesale revenue. This constitutes the majority of overall company revenue.

Telecom EgyptE (CAI:ETEL) Headlines

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