GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » ENCE Energia y Celulosa SA (CHIX:ENCe) » Definitions » 6-Month Price Index

ENCE Energia y Celulosa (CHIX:ENCE) 6-Month Price Index : 1.29 (As of May. 11, 2024)


View and export this data going back to 2013. Start your Free Trial

What is ENCE Energia y Celulosa 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 (2024-05-11), ENCE Energia y Celulosa's 6-Month Price Index is 1.29.


Competitive Comparison of ENCE Energia y Celulosa's 6-Month Price Index

For the Paper & Paper Products subindustry, ENCE Energia y Celulosa'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.


ENCE Energia y Celulosa  (CHIX:ENCe) 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.


ENCE Energia y Celulosa  (CHIX:ENCe) 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.


ENCE Energia y Celulosa 6-Month Price Index Related Terms

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


ENCE Energia y Celulosa (CHIX:ENCE) Business Description

Traded in Other Exchanges
Address
Beatriz de Bobadilla, 14, Madrid, ESP, 28040
ENCE Energia y Celulosa SA produces and sells pulp. The company owns and manages eucalyptus forests throughout Spain and harvests timber. The timber is transported to the firm's mills, where it produces pulp for sale to paper manufacturers. Over half of the company's pulp is sold to tissue paper producers. Other customers include manufacturers of specialty paper, printing and writing paper, and packaging paper. Ence also generates and sells electricity from forest biomass. The vast majority of revenue comes from Europe.

ENCE Energia y Celulosa (CHIX:ENCE) Headlines

No Headlines