GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » K Laser Technology Inc (TPE:2461) » Definitions » 6-Month Price Index

K Laser Technology (TPE:2461) 6-Month Price Index : 1.13 (As of Jun. 08, 2024)


View and export this data going back to 2001. Start your Free Trial

What is K Laser Technology 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 (2024-06-08), K Laser Technology's 6-Month Price Index is 1.13.


Competitive Comparison of K Laser Technology's 6-Month Price Index

For the Packaging & Containers subindustry, K Laser Technology'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.


K Laser Technology  (TPE:2461) 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.


K Laser Technology  (TPE:2461) 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.


K Laser Technology 6-Month Price Index Related Terms

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


K Laser Technology (TPE:2461) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Li Hsin 6th Road, Hsinchu Science Park, Hsinchu, TWN
K Laser Technology Inc is engaged in the manufacturing of holographic security labels. Its product offerings include holographic films, holographic paper products, and hot & cold foils ,lamination paper, transfer paper, The company's geographical segments are China, Other regions of Asia, and Others. The business income of the group mainly comes from the manufacture of laser holographic films, laser anti-counterfeiting labels, laser paper, and optical instruments.

K Laser Technology (TPE:2461) Headlines

No Headlines