Value Valves Co (ROCO:4580) 6-Month Price Index : 1.12 (As of May. 28, 2024)

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What is Value Valves Co 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 (2024-05-28), Value Valves Co's 6-Month Price Index is 1.12.

Competitive Comparison of Value Valves Co's 6-Month Price Index

For the Specialty Industrial Machinery subindustry, Value Valves Co'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.

Value Valves Co (ROCO:4580) 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.

Value Valves Co (ROCO:4580) 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.

Value Valves Co 6-Month Price Index Related Terms

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Value Valves Co (ROCO:4580) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Value Valves Co Ltd (ROCO:4580) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2, Chung-Shan Road, Tu-Chung Industrial District, New Taipei City, TWN, 236

Website

http://www.valuevalves.com

Value Valves Co Ltd is a Taiwan based company engaged in the development, design, manufacture, inspection and marketing of a different variety of valves. Its product offerings include butterfly valves, check valves, damper valves, ball valves, globe valves, gate valves, gear box control, pneumatic control, hydraulic control, electric control and customized valves. The company exports its products to the United States, Japan, Europe, Oceania and other advanced industrial and regions. Its products are widely used in petroleum and petrochemical products, steel, shipbuilding, energy. water treatment, paper, air-conditioning, electronic and other industrial fields.

Value Valves Co (ROCO:4580) Headlines

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