GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Prime Textile Spinning Mills Ltd (DHA:PRIMETEX) » Definitions » 6-Month Price Index

Prime Textile Spinning Mills (DHA:PRIMETEX) 6-Month Price Index : 1.04 (As of May. 06, 2025)


View and export this data going back to . Start your Free Trial

What is Prime Textile Spinning Mills 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 (2025-05-06), Prime Textile Spinning Mills's 6-Month Price Index is 1.04.


Competitive Comparison of Prime Textile Spinning Mills's 6-Month Price Index

For the Textile Manufacturing subindustry, Prime Textile Spinning Mills'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.


Prime Textile Spinning Mills  (DHA:PRIMETEX) 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.


Prime Textile Spinning Mills  (DHA:PRIMETEX) 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.


Prime Textile Spinning Mills 6-Month Price Index Related Terms

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


Prime Textile Spinning Mills Business Description

Traded in Other Exchanges
N/A
Address
Sena Kalyan Bhaban, Motijheel C/A, Dhaka, BGD, 1000
Prime Textile Spinning Mills Ltd is engaged in the production of yarn spinning mills. It produces cotton yarn and textile products which is supplied to the knit garment industries. The company manufactures and markets export quality Knit/Woven cotton and mixed yarn.

Prime Textile Spinning Mills Headlines

No Headlines