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Taiwan Glass Ind (TPE:1802) 6-Month Price Index : 0.89 (As of May. 16, 2024)


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What is Taiwan Glass Ind 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 (2024-05-16), Taiwan Glass Ind's 6-Month Price Index is 0.89.

Competitive Comparison of Taiwan Glass Ind's 6-Month Price Index

For the Building Materials subindustry, Taiwan Glass Ind'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.

Taiwan Glass Ind  (TPE:1802) 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.

Taiwan Glass Ind  (TPE:1802) 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.

Taiwan Glass Ind 6-Month Price Index Related Terms

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

Taiwan Glass Ind (TPE:1802) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Taiwan Glass Ind Corp (TPE:1802) » Definitions » 6-Month Price Index
Comparable Companies
TPE:2504 TPE:1104 TPE:9930 TPE:1103 TPE:1110 TPE:1109 TPE:1108 ROCO:5520 TPE:8463 TPE:5546 CRH XSWX:HOLN NSE:ULTRACEMCO VMC MLM SHSE:600585 NSE:GRASIM XKRX:003670 XTER:HEI BOM:500387
Traded in Other Exchanges
N/A
Address
No. 261, Nanjing East Road, 11th Floor, Section 3, Taiwan Glass Building, Songshan District, Taipei, TWN, 105-405
Website
http://www.taiwanglass.com
Taiwan Glass Ind Corp manufactures and sells a variety of glass products. It operates plants that create and mold glass into glass panes, fiberglass, bottles, and jars, based on specific customer needs. The firm's product categories include flat glass, fiberglass, as well as container, tableware, and kitchenware. The flat glass products are sold to the construction and automobile industries and are used for windows and mirrors. The container, tableware, and kitchenware products are sold to the food, beverage, and pharmaceutical industries.

Taiwan Glass Ind (TPE:1802) Headlines

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