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PT Menthobi Karyatama Raya Tbk (ISX:MKTR) 6-Month Price Index : 0.69 (As of Jun. 08, 2024)


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What is PT Menthobi Karyatama Raya 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 (2024-06-08), PT Menthobi Karyatama Raya Tbk's 6-Month Price Index is 0.69.


Competitive Comparison of PT Menthobi Karyatama Raya Tbk's 6-Month Price Index

For the Farm Products subindustry, PT Menthobi Karyatama Raya 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 Menthobi Karyatama Raya Tbk  (ISX:MKTR) 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 Menthobi Karyatama Raya Tbk  (ISX:MKTR) 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 Menthobi Karyatama Raya Tbk 6-Month Price Index Related Terms

Thank you for viewing the detailed overview of PT Menthobi Karyatama Raya Tbk's 6-Month Price Index provided by GuruFocus.com. Please click on the following links to see related term pages.


PT Menthobi Karyatama Raya Tbk (ISX:MKTR) Business Description

Traded in Other Exchanges
N/A
Address
Gedung Wisma Maktour Lt.4, Jalan Otto Iskandardinata No. 80, Jakarta Timur, IDN, 13330
PT Menthobi Karyatama Raya Tbk focuses on the management of plantation products. The Group presented three operating segments, being crude palm oil, palm kernel and fresh fruit bunches.

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