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Samba Foods (XGHA:SAMBA) 6-Month Price Index : 1.00 (As of May. 22, 2024)


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What is Samba Foods 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 (2024-05-22), Samba Foods's 6-Month Price Index is 1.00.

Competitive Comparison of Samba Foods's 6-Month Price Index

For the Packaged Foods subindustry, Samba Foods'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.

Samba Foods  (XGHA:SAMBA) 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.

Samba Foods  (XGHA:SAMBA) 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.

Samba Foods 6-Month Price Index Related Terms

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

Samba Foods (XGHA:SAMBA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Samba Foods Ltd (XGHA:SAMBA) » Definitions » 6-Month Price Index
Comparable Companies
Traded in Other Exchanges
N/A
Address
West Coast Dyeing Industries Compound, Beside TOR, Tema, GHA
Website
https://www.sambafoodsghana.com
Samba Foods Ltd is engaged in production and processing of food products. The company's product portfolio includes Egushi/Shrimp Powder; Juice & Drinks; Ketchup/Mayonnaise; Salad Dressings; Butter paste & Roasted peanuts; Ginger Garlic Paste; Ginger Garlic Onion; and Kpakpo Shito Paste. It sells its products in jars, bottles, and sachets.

Samba Foods (XGHA:SAMBA) Headlines

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