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Ways Technical (ROCO:3508) 6-Month Price Index : 0.97 (As of Jun. 14, 2024)


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What is Ways Technical 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 (2024-06-14), Ways Technical's 6-Month Price Index is 0.97.

Competitive Comparison of Ways Technical's 6-Month Price Index

For the Specialty Chemicals subindustry, Ways Technical'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.

Ways Technical  (ROCO:3508) 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.

Ways Technical  (ROCO:3508) 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.

Ways Technical 6-Month Price Index Related Terms

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

Ways Technical (ROCO:3508) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Ways Technical Corp (ROCO:3508) » Definitions » 6-Month Price Index
Comparable Companies
ROCO:6555 ROCO:8431 ROCO:6959 TPE:3149 ROCO:5452 ROCO:6737 ROCO:4706 TPE:4722 TPE:4764 TPE:1725 LIN XPAR:AI APD SHW ECL SHSE:600309 XSWX:SIKA BOM:500820 DD XSWX:GIVN
Traded in Other Exchanges
N/A
Address
No. 26, Gaoqing Road, Yangmei District, Taoyuan, TWN
Website
http://www.waystech.net
Ways Technical Corp is a Taiwan-based company engaged in the manufacture of plastic daily necessities, surface treatment, electronic parts, and components manufacturing and processing. Its geographical segment includes Taiwan and China, business groups. The majority of the revenue comes from the Taiwan business group.

Ways Technical (ROCO:3508) Headlines

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