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Greentech Energy (COL:MEL.N0000) 6-Month Price Index : 1.11 (As of Jun. 23, 2024)


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What is Greentech Energy 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), Greentech Energy's 6-Month Price Index is 1.11.

Competitive Comparison of Greentech Energy's 6-Month Price Index

For the Utilities - Regulated Electric subindustry, Greentech Energy'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.

Greentech Energy  (COL:MEL.N0000) 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.

Greentech Energy  (COL:MEL.N0000) 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.

Greentech Energy 6-Month Price Index Related Terms

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

Greentech Energy (COL:MEL.N0000) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Greentech Energy PLC (COL:MEL.N0000) » Definitions » 6-Month Price Index
Comparable Companies
BOM:523222 BOM:532874 WAR:FTN BOM:536709 BOM:503657 NSE:KKVAPOW BOM:534598 BOM:533451 PWVI BOM:532219 ASX:RNE MIC:STSBP MIC:TASBP BOM:532894 MIC:KTSBP TSX:SXI MIC:MRSB EUSP XCNQ:REO MIC:DASB
Traded in Other Exchanges
N/A
Address
No. 157 D, Sri Saddarma Mawatha, Colombo, LKA, 10
Website
https://www.mackwoods.com
Mackwoods Energy PLC is a Sri Lanka based company. The company is engaged in providing provision of energy solutions covering a wide products and services. The company offers an array of power solutions from India, Europe, and China. It operates the Labookellie Mini Hydro Power Plant. The company's parent undertaking is Mackwoods (Pvt) Ltd, which is a member of the Mackwoods Group of Companies. Mjority of its revenue is earned from the Sri Lankan market.

Greentech Energy (COL:MEL.N0000) Headlines

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