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PT Astrindo Nusantara Infrastruktur Tbk (ISX:BIPI) 6-Month Price Index : 0.62 (As of Jun. 07, 2024)


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What is PT Astrindo Nusantara Infrastruktur Tbk 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 (2024-06-07), PT Astrindo Nusantara Infrastruktur Tbk's 6-Month Price Index is 0.62.


Competitive Comparison of PT Astrindo Nusantara Infrastruktur Tbk's 6-Month Price Index

For the Infrastructure Operations subindustry, PT Astrindo Nusantara Infrastruktur Tbk'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.


PT Astrindo Nusantara Infrastruktur Tbk  (ISX:BIPI) 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.


PT Astrindo Nusantara Infrastruktur Tbk  (ISX:BIPI) 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.


PT Astrindo Nusantara Infrastruktur Tbk 6-Month Price Index Related Terms

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PT Astrindo Nusantara Infrastruktur Tbk (ISX:BIPI) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Mega Kuningan Barat III Lot. 10.1-6, Sopo Del Office Tower B, 21st Floor, South Jakarta, Jakarta, IDN, 12950
PT Astrindo Nusantara Infrastruktur Tbk is an Indonesia-based integrated infrastructure company engaged in energy and natural resources. The Company runs business activities in the development of coal network infrastructure projects, including coal crusher, Coal Preparation Plant (CPP), and Overland Conveyor (OLC), as well as produces integrated coal distribution services. It also produces coal mining products. The group has two business segments namely Port services and Mining and other services. It generates maximum revenue from the Port services segment.

PT Astrindo Nusantara Infrastruktur Tbk (ISX:BIPI) Headlines

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