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Basso Industry (TPE:1527) 6-Month Price Index : 1.08 (As of Jun. 05, 2024)


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What is Basso Industry 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 (2024-06-05), Basso Industry's 6-Month Price Index is 1.08.

Competitive Comparison of Basso Industry's 6-Month Price Index

For the Tools & Accessories subindustry, Basso Industry'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.

Basso Industry  (TPE:1527) 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.

Basso Industry  (TPE:1527) 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.

Basso Industry 6-Month Price Index Related Terms

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

Basso Industry (TPE:1527) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Basso Industry Corp (TPE:1527) » Definitions » 6-Month Price Index
Comparable Companies
ROCO:4163 TPE:3004 TPE:8021 TPE:4571 ROCO:3178 ROCO:2066 ROCO:2065 TPE:4540 ROCO:6234 ROCO:2063 HKSE:00669 SNA SWK LECO TTC OSTO:SKF B TSE:6586 RBC TKR TSE:9962
Traded in Other Exchanges
N/A
Address
No. 24, 36th Road, Taichung Industrial Park, Taichung, TWN, 40768
Website
https://www.basso.com.tw
Basso Industry Corp is a manufacturer of pneumatic fastening tools. The company produces air nailers, air impact wrenches, air ratchet wrenches, air saws, air hammers, air sanders, air drills and screwdrivers, gas nailers, air grinders, and air carton closers. Basso also offers Original Equipment Manufacturing services including design, molding and casting, machining, polishing, painting, and plastic injection services. The company has one reportable segment, the pneumatic hand tool. This segment is mainly involved in manufacturing and selling nail machines and pneumatic tools, providing products, and managing relevant skills.

Basso Industry (TPE:1527) Headlines

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