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Lite-On Technology (TPE:2301) 6-Month Price Index : 0.91 (As of May. 17, 2024)


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What is Lite-On Technology 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 (2024-05-17), Lite-On Technology's 6-Month Price Index is 0.91.

Competitive Comparison of Lite-On Technology's 6-Month Price Index

For the Computer Hardware subindustry, Lite-On Technology'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.

Lite-On Technology  (TPE:2301) 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.

Lite-On Technology  (TPE:2301) 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.

Lite-On Technology 6-Month Price Index Related Terms

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

Lite-On Technology (TPE:2301) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Lite-On Technology Corp (TPE:2301) » Definitions » 6-Month Price Index
Comparable Companies
TPE:4938 TPE:2356 TPE:2376 TPE:2324 TPE:2357 TPE:2395 TPE:2385 ROCO:8299 TPE:3231 TPE:2353 DELL ANET SMCI SZSE:002415 TPE:2382 HPQ TSE:7751 SHSE:688041 WDC NTAP
Traded in Other Exchanges
N/A
Address
No. 392 Ruiguang Road, 22th Floor, Neihu, Taipei, TWN, 114
Website
https://www.liteon.com
Lite-On Technology Corp is a computer storage device company that manufactures consumer electronics. Its products are segmented into optoelectronics, information & communication technologies, IoT & smart life applications, and automotive electronics. The main businesses include Research and development design, manufacturing and sales of key modules and system solutions for optoelectronics, cloud computing power management systems, EV chargers, energy management, LED packaging for lighting applications, IoT and networking applications, information technology, and consumer electronics.

Lite-On Technology (TPE:2301) Headlines

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