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Kartonsan Kartonnayi ve Ticaret AS (IST:KARTN) 6-Month Price Index : 1.48 (As of Jun. 20, 2024)


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What is Kartonsan Kartonnayi ve Ticaret AS 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 (2024-06-20), Kartonsan Kartonnayi ve Ticaret AS's 6-Month Price Index is 1.48.


Competitive Comparison of Kartonsan Kartonnayi ve Ticaret AS's 6-Month Price Index

For the Packaging & Containers subindustry, Kartonsan Kartonnayi ve Ticaret AS'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.


Kartonsan Kartonnayi ve Ticaret AS  (IST:KARTN) 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.


Kartonsan Kartonnayi ve Ticaret AS  (IST:KARTN) 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.


Kartonsan Kartonnayi ve Ticaret AS 6-Month Price Index Related Terms

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


Kartonsan Kartonnayi ve Ticaret AS (IST:KARTN) Business Description

Traded in Other Exchanges
N/A
Address
Prof. Dr. Bulent Tarcan Caddesi, No: 5 Pak Is Merkezi, Kat: 3, Gayrettepe, Istanbul, TUR, 34349
Kartonsan Karton Sanayi ve Ticaret AS is a Turkey-based company engaged in producing and trading of coated cardboard from recycled paper. Business activity of the group is operated through Ukraine, Bulgaria, Spain, Greece, Portugal, and Italy. Its portfolio includes product such as Normprint, Exprint and Luxtriplex, Normprint is multi-coated grey-backside cardboard with a blade top coat, which is used as a packaging material; Exprint, used in all types of packaging and detailed graphic printing and Luxtriplex, multi-coated cardboard with white backside which is ideal for all types of packaging, especially for food, cosmetics, pharmaceuticals. Kartonsan derives revenue through the sale of the products.

Kartonsan Kartonnayi ve Ticaret AS (IST:KARTN) Headlines

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