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Abiak Cement (XTEH:ABIK1) 6-Month Price Index : N/A (As of Jun. 20, 2024)


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What is Abiak Cement 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), Abiak Cement's 6-Month Price Index is N/A.

Competitive Comparison of Abiak Cement's 6-Month Price Index

For the Building Materials subindustry, Abiak Cement'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.

Abiak Cement  (XTEH:ABIK1) 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.

Abiak Cement  (XTEH:ABIK1) 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.

Abiak Cement 6-Month Price Index Related Terms

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Abiak Cement (XTEH:ABIK1) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Abiak Cement (XTEH:ABIK1) » Definitions » 6-Month Price Index
Comparable Companies
Traded in Other Exchanges
N/A
Address
No.21 , 17Th St., Bokharest Avenue, Arjantin Square, Tehran, IRN
Website
https://www.abyekcement.com
Abiak Cement is a producer of composite Portland cement in Iran. Its product offerings comprise Portland cement, Portland limestone cement, Portland composite cement, Portland high blain cement, Portland Pozzolana cement, and special Portland Pozzolana cement.

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