Pioneer Cement (KAR:PIOC) 6-Month Price Index : 1.43 (As of Dec. 13, 2024)

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What is Pioneer Cement 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 (2024-12-13), Pioneer Cement's 6-Month Price Index is 1.43.

Competitive Comparison of Pioneer Cement's 6-Month Price Index

For the Building Materials subindustry, Pioneer Cement'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.

Pioneer Cement (KAR:PIOC) 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.

Pioneer Cement (KAR:PIOC) 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.

Pioneer Cement 6-Month Price Index Related Terms

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Pioneer Cement Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Pioneer Cement Ltd (KAR:PIOC) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

N/A

Address

64-B/I, Gulberg-III, Lahore, PB, PAK

Website

https://www.pioneercement.com

Pioneer Cement Ltd is a cement producer. The company's production facility is situated at Chenki, District Khushab in Punjab Province. The product range consists of Ordinary Portland Cement and Sulphate Resistant Cement. Its Ordinary Portland Cement is used for all structural work including all kinds of concrete construction and Sulphate Resistant Cement is used where sulfate salts are present in the soil or in saline water. Geographically, the company operates within Pakistan and Afghanistan and generates a majority of its revenue from Pakistan.

Pioneer Cement Headlines

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