Cia de Transmissao de Energia Eletrica Paulista (BSP:TRPL3) 6-Month Price Index : 1.08 (As of Apr. 27, 2024)

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What is Cia de Transmissao de Energia Eletrica Paulista 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 (2024-04-27), Cia de Transmissao de Energia Eletrica Paulista's 6-Month Price Index is 1.08.

Competitive Comparison of Cia de Transmissao de Energia Eletrica Paulista's 6-Month Price Index

For the Utilities - Independent Power Producers subindustry, Cia de Transmissao de Energia Eletrica Paulista'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.

Cia de Transmissao de Energia Eletrica Paulista (BSP:TRPL3) 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.

Cia de Transmissao de Energia Eletrica Paulista (BSP:TRPL3) 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.

Cia de Transmissao de Energia Eletrica Paulista 6-Month Price Index Related Terms

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Cia de Transmissao de Energia Eletrica Paulista (BSP:TRPL3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Cia de Transmissao de Energia Eletrica Paulista (BSP:TRPL3) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

CTPZY:USA CTPTY:USA TRPL4:Brazil

Address

Rua Casa Do Ator 1155, Sao Paulo, SP, BRA, 4546004

Website

http://www.transmissaopaulista.com.br

Cia de Transmissao de Energia Eletrica Paulista, or CTEEP, is a Brazilian private-public utility concession company involved in the transmission of electric power. Through its subsidiaries, CTEEP plans, constructs, operates, and maintains electric transmission systems and transmission-related infrastructure projects throughout the country of Brazil. The company segments its operations between Infrastructure, Operation & Maintenance, and Concession Assets Remuneration business units. The vast majority of CTEEP's revenue can be derived from its Operation & Maintenance division, which controls and cares for its nationwide electricity transmission system. The company transmits a significant amount of all the power produced in Brazil and over half of the energy consumed in Southeast Brazil.

Cia de Transmissao de Energia Eletrica Paulista (BSP:TRPL3) Headlines

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