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PT Multistrada Arahrana Tbk (ISX:MASA) 6-Month Price Index : 1.32 (As of May. 26, 2024)


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What is PT Multistrada Arahrana 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 (2024-05-26), PT Multistrada Arahrana Tbk's 6-Month Price Index is 1.32.


Competitive Comparison of PT Multistrada Arahrana Tbk's 6-Month Price Index

For the Auto Parts subindustry, PT Multistrada Arahrana 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 Multistrada Arahrana Tbk  (ISX:MASA) 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 Multistrada Arahrana Tbk  (ISX:MASA) 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 Multistrada Arahrana Tbk 6-Month Price Index Related Terms

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PT Multistrada Arahrana Tbk (ISX:MASA) Business Description

Traded in Other Exchanges
Address
Jalan Raya Lemahabang Km. 58.3, Desa Karangsari, Cikarang Timur, Jawa Barat, Bekasi, IDN, 17550
PT Multistrada Arah Sarana Tbk is an Indonesian tire manufacturing company. It has developed two brands of vehicle tire products, which are Achilles and Corsa. Achilles is a brand of car tire that is able to be used by Passenger Car type, Sports Utility Vehicle (SUV) and Light Truck with Steel Belted Tubeless type. Corsa is a brand of tire for two-wheeled vehicles.

PT Multistrada Arahrana Tbk (ISX:MASA) Headlines

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