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PT Indika Energy Tbk (ISX:INDY) 6-Month Price Index : 0.89 (As of May. 24, 2024)


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What is PT Indika Energy 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 (2024-05-24), PT Indika Energy Tbk's 6-Month Price Index is 0.89.


Competitive Comparison of PT Indika Energy Tbk's 6-Month Price Index

For the Thermal Coal subindustry, PT Indika Energy 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 Indika Energy Tbk  (ISX:INDY) 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 Indika Energy Tbk  (ISX:INDY) 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 Indika Energy Tbk 6-Month Price Index Related Terms

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PT Indika Energy Tbk (ISX:INDY) Business Description

Traded in Other Exchanges
Address
Jl. Jend Gatot Subroto Kav. 21, Graha Mitra, Lantai 3, Jakarta, IDN, 12930
PT Indika Energy Tbk is an Indonesia-based integrated energy company engaged in exploring, producing, and processing coal. The company and its subsidiaries are principally organized based on energy resources, energy services, energy infrastructure business, and Other portfolio holdings segments. Kideco is the company's core asset in the energy resources sector. The energy services business is operated through Tripatra and Petrosea. Tripatra provides engineering, procurement, and construction services, operations and maintenance, and logistic services. Petrosea provides engineering, construction, and contract mining with total pit-to-port capability. Its energy infrastructure segment includes a 660-megawatt and 1,000-megawatt power generation plant in Cirebon.

PT Indika Energy Tbk (ISX:INDY) Headlines