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National Flour Mills (TRN:NFM) 6-Month Price Index : 1.06 (As of Jun. 20, 2024)


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What is National Flour Mills 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), National Flour Mills's 6-Month Price Index is 1.06.

Competitive Comparison of National Flour Mills's 6-Month Price Index

For the Packaged Foods subindustry, National Flour Mills'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.

National Flour Mills  (TRN:NFM) 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.

National Flour Mills  (TRN:NFM) 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.

National Flour Mills 6-Month Price Index Related Terms

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

National Flour Mills (TRN:NFM) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » National Flour Mills Ltd (TRN:NFM) » Definitions » 6-Month Price Index
Comparable Companies
Traded in Other Exchanges
N/A
Address
27-29 Wrightson Road, Port of Spain, TTO
Website
https://www.nfm.co.tt
National Flour Mills Ltd is engaged in the production and distribution of food products and animal and poultry feeds. It manufactures and distributes flour, flour by-products, and rice. Its products include wheat-based products, such as all-purpose flour, bakers flour, whole wheat flour, cake flour, self-rising flour, wheat germ, wheat bran, and wheat cereal; and dry mix products, including pholourie mix, split peas powder, baking powder, custard powder, and icing sugar. Its animal feed consists of products for broilers, layers, ducks, goats, dairy, sheep, pigs, horses, fishes, rabbits, tilapia, puppies, and dogs. It trades and distributes parboiled rice, brown rice, soyabean oil, instant ginger tea, coconut milk powder, and instant yeast.

National Flour Mills (TRN:NFM) Headlines

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