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Turk Prysmian Kablo ve Sistemleri AS (IST:PRKAB) 6-Month Price Index : 0.82 (As of Dec. 14, 2024)


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What is Turk Prysmian Kablo ve Sistemleri 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 (2024-12-14), Turk Prysmian Kablo ve Sistemleri AS's 6-Month Price Index is 0.82.


Competitive Comparison of Turk Prysmian Kablo ve Sistemleri AS's 6-Month Price Index

For the Electrical Equipment & Parts subindustry, Turk Prysmian Kablo ve Sistemleri 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.


Turk Prysmian Kablo ve Sistemleri AS  (IST:PRKAB) 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.


Turk Prysmian Kablo ve Sistemleri AS  (IST:PRKAB) 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.


Turk Prysmian Kablo ve Sistemleri AS 6-Month Price Index Related Terms

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


Turk Prysmian Kablo ve Sistemleri AS Business Description

Traded in Other Exchanges
N/A
Address
Omerbey Mahallesi, Bursa Asfalti Cad. Number 51 Mudanya, Bursa, TUR, 16941
Turk Prysmian Kablo ve Sistemleri AS is a Turkey-based company that engages in the manufacturing, export, import and trading of all kinds of cables, conductors, machines, apparatuses, tools, and equipment as well as their spare parts and accessories. It produces electrical cables along with a range of accessories from extremely high to very low voltage, which is resistant to very high temperatures, fire, chemical agents and nuclear radiation for land, submarine, underground and overhead applications. The company distributes its products in the domestic market and to overseas markets.

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