GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Asia Aviation PCL (BKK:AAV) » Definitions » 6-Month Price Index

Asia Aviation PCL (BKK:AAV) 6-Month Price Index : 1.12 (As of Jun. 10, 2024)


View and export this data going back to 2012. Start your Free Trial

What is Asia Aviation PCL 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 (2024-06-10), Asia Aviation PCL's 6-Month Price Index is 1.12.


Competitive Comparison of Asia Aviation PCL's 6-Month Price Index

For the Airlines subindustry, Asia Aviation PCL'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.


Asia Aviation PCL  (BKK:AAV) 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.


Asia Aviation PCL  (BKK:AAV) 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.


Asia Aviation PCL 6-Month Price Index Related Terms

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


Asia Aviation PCL (BKK:AAV) Business Description

Traded in Other Exchanges
Address
Vibhavadee Rangsit Road, 3rd floor, Central Office Building, Room no. 3200, 222, Don Mueang International Airport, Sanam Bin District, Don Mueang District, Bangkok, THA, 10210
Asia Aviation PCL is a holding company for Thai AirAsia Company Ltd that is engaged in investing in a low-fare airline business company. The company has two operating segments; Schedule flight operations provide passenger air transportation services to routine destinations for scheduled flights. It sells tickets through its distribution channels such as websites, sale counters, travel agents. and Chartered flight operations provide passenger air transportation services to non-routine destinations. Flights are operated when there is hiring from customers such as tourist agency companies.

Asia Aviation PCL (BKK:AAV) Headlines

No Headlines