GURUFOCUS.COM » STOCK LIST » Technology » Hardware » APAC Opto Electronics Inc (ROCO:4908) » Definitions » 6-Month Price Index

APAC Opto Electronics (ROCO:4908) 6-Month Price Index : 1.13 (As of Jun. 06, 2024)


View and export this data going back to 2002. Start your Free Trial

What is APAC Opto Electronics 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 (2024-06-06), APAC Opto Electronics's 6-Month Price Index is 1.13.


Competitive Comparison of APAC Opto Electronics's 6-Month Price Index

For the Communication Equipment subindustry, APAC Opto Electronics'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.


APAC Opto Electronics  (ROCO:4908) 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.


APAC Opto Electronics  (ROCO:4908) 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.


APAC Opto Electronics 6-Month Price Index Related Terms

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


APAC Opto Electronics (ROCO:4908) Business Description

Traded in Other Exchanges
N/A
Address
3 Tzu Chiang Road, Hsinchu Industrial Park, Hukow, Hsinchu Hsien, TWN
APAC Opto Electronics Inc is a manufacturer of high-performance fiber optical transmission components for Local Area Networks (LANs), Wide Area Networks (WANs), Storage Networks (SANs), Metropolitan Area Networks (MANs), and Access Networks (ANs) in Taiwan. The products of the company include optical extender modules, optical transceiver modules, and copper transceiver modules. The company is engaged in the manufacture of wired and wireless communication equipment and electronic components, and the wholesale and retail of telecommunications equipment and electronic materials.

APAC Opto Electronics (ROCO:4908) Headlines

No Headlines