Tong Yang Industry Co (TPE:1319) 6-Month Price Index : 1.62 (As of May. 22, 2024)

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What is Tong Yang Industry 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 (2024-05-22), Tong Yang Industry Co's 6-Month Price Index is 1.62.

Competitive Comparison of Tong Yang Industry Co's 6-Month Price Index

For the Auto Parts subindustry, Tong Yang Industry 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.

Tong Yang Industry Co (TPE:1319) 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.

Tong Yang Industry Co (TPE:1319) 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.

Tong Yang Industry Co 6-Month Price Index Related Terms

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Tong Yang Industry Co (TPE:1319) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Tong Yang Industry Co Ltd (TPE:1319) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

N/A

Address

Anhe Road, No. 98, Section 2, Tainan, TWN, 709

Website

https://www.tyg.com.tw

Tong Yang Industry Co Ltd is engaged in manufacture and sale of parts, components and models for automobile. The reportable segments of the company are as follows: 1) Assembly Market segment is responsible for the required automobile parts of the car market of production and sales group. 2) Maintenance Market segment is responsible for the production and sales of after-sales maintenance services market automobile parts.

Tong Yang Industry Co (TPE:1319) Headlines

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