GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Thac Mo Hydro Power JSC (STC:TMP) » Definitions » 6-Month Price Index

Thac Mo Hydro Power JSC (STC:TMP) 6-Month Price Index : 1.14 (As of Jun. 04, 2024)


View and export this data going back to 2009. Start your Free Trial

What is Thac Mo Hydro Power JSC 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 (2024-06-04), Thac Mo Hydro Power JSC's 6-Month Price Index is 1.14.


Competitive Comparison of Thac Mo Hydro Power JSC's 6-Month Price Index

For the Utilities - Independent Power Producers subindustry, Thac Mo Hydro Power JSC'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.


Thac Mo Hydro Power JSC  (STC:TMP) 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.


Thac Mo Hydro Power JSC  (STC:TMP) 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.


Thac Mo Hydro Power JSC 6-Month Price Index Related Terms

Thank you for viewing the detailed overview of Thac Mo Hydro Power JSC's 6-Month Price Index provided by GuruFocus.com. Please click on the following links to see related term pages.


Thac Mo Hydro Power JSC (STC:TMP) Business Description

Traded in Other Exchanges
N/A
Address
Area 5, Phuoc Long Town, Binh Phuoc Province, Ho Chi Minh City, VNM
Thac Mo Hydro Power JSC is a Vietnam based company engaged in the business activity of generating and trading electricity. It also trades hydroelectrical equipment and maintains and operates a power plant. The other activities in which the organization is involved are investing in power source projects and Consulting on the establishment, management and supervision of construction projects.

Thac Mo Hydro Power JSC (STC:TMP) Headlines