Metisa Metalurgica Timboense (BSP:MTSA4) 6-Month Price Index : 1.05 (As of Apr. 29, 2024)

View and export this data going back to 2007. Start your Free Trial

What is Metisa Metalurgica Timboense 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 (2024-04-29), Metisa Metalurgica Timboense's 6-Month Price Index is 1.05.

Competitive Comparison of Metisa Metalurgica Timboense's 6-Month Price Index

For the Farm & Heavy Construction Machinery subindustry, Metisa Metalurgica Timboense'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.

Metisa Metalurgica Timboense (BSP:MTSA4) 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.

Metisa Metalurgica Timboense (BSP:MTSA4) 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.

Metisa Metalurgica Timboense 6-Month Price Index Related Terms

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

Metisa Metalurgica Timboense (BSP:MTSA4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Metisa Metalurgica Timboense SA (BSP:MTSA4) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rua Fritz Lorenz, 2442, Distrito Industrial - PO Box: 11, Timbo, SC, BRA, 89120000

Website

http://www.metisa.com.br

Metisa Metalurgica Timboense SA manufactures and markets steel parts for industrial and agricultural equipment. Its products include parts for agricultural equipment, tractors, railways, blades for the construction sector, and hand tools, among others. It offers agricultural disc blades and implements for a range of equipment, including sugar-alcohol sector; stone saw blades; blades and edges, teeth, adapters and tips, track shoes, and grouser bars for tractors, bulldozers, scrapers, excavators, earth movers, motor graders; and railroad accessories, such as tie plates, joint bars, metallic cores, and steel sleepers for the construction of permanent ways. The company also provides hand tools comprising shovels, spades, picks, post hole diggers, and hoes.

Metisa Metalurgica Timboense (BSP:MTSA4) Headlines

No Headlines