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Taiwan Navigation Co (TPE:2617) 6-Month Price Index : 1.10 (As of Jun. 20, 2024)


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What is Taiwan Navigation 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 (2024-06-20), Taiwan Navigation Co's 6-Month Price Index is 1.10.

Competitive Comparison of Taiwan Navigation Co's 6-Month Price Index

For the Marine Shipping subindustry, Taiwan Navigation 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.

Taiwan Navigation Co  (TPE:2617) 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 Navigation Co  (TPE:2617) 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 Navigation Co 6-Month Price Index Related Terms

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

Taiwan Navigation Co (TPE:2617) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Taiwan Navigation Co Ltd (TPE:2617) » Definitions » 6-Month Price Index
Comparable Companies
TPE:2605 TPE:5608 TPE:2601 ROCO:2641 TPE:8367 TPE:2613 TPE:2611 TPE:2637 TPE:2607 TPE:2606 BSP:PSVM11 XTER:HLAG OCSE:MAERSK B HKSE:01919 BOM:532921 SHSE:600018 TSE:9101 TSE:9104 SHSE:601018 HKSE:00316
Traded in Other Exchanges
N/A
Address
No. 29, Jinan Road, Section 2, 2-6 Floor, Taipei, TWN, 100
Website
https://www.taiwanline.com.tw
Taiwan Navigation Co Ltd is a Taiwan based company, engages in the provision of shipping related services. It is engaged in passenger and freight transport via water, port warehousing, aquatic sand mining, and navigation channel dredging and also acts as a shipping agency, provides tugboats, and acts as a land owner in agreements with construction companies for the use of its land for the construction of residential and commercial buildings for sale and rental.

Taiwan Navigation Co (TPE:2617) Headlines

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