GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Gelex Group JSC (STC:GEX) » Definitions » 6-Month Price Index

Gelex Group JSC (STC:GEX) 6-Month Price Index : 1.02 (As of Jun. 08, 2024)


View and export this data going back to 2017. Start your Free Trial

What is Gelex Group JSC 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), Gelex Group JSC's 6-Month Price Index is 1.02.

Competitive Comparison of Gelex Group JSC's 6-Month Price Index

For the Electrical Equipment & Parts subindustry, Gelex Group JSC'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.

Gelex Group JSC  (STC:GEX) 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.

Gelex Group JSC  (STC:GEX) 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.

Gelex Group JSC 6-Month Price Index Related Terms

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

Gelex Group JSC (STC:GEX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Gelex Group JSC (STC:GEX) » Definitions » 6-Month Price Index
Comparable Companies
STC:CAV STC:DQC SZSE:300750 XSWX:ABBN BKK:DELTA TSE:6503 XPAR:LR SZSE:300124 SZSE:300274 XKRX:247540 HUBB VRT SZSE:300014 SHSE:603195 MIL:PRY SHSE:600089 BOM:517354 BOM:542652 TSE:6506 NVT
Traded in Other Exchanges
N/A
Address
No. 52, Le Dai Hanh Street, Le Dai Hanh Ward, Hai Ba Trung District, Hanoi, VNM
Website
http://www.gelex.vn
Gelex Group JSC, formerly Viet Nam Electrical Equipment JSC operates in the electronic components industry. The company is engaged in manufacturing and supplying of electrical equipment like electric wire and cable, transformers, electric motors and, electric measuring devices. The firm is also engaged in researching and building renewable energy industry and providing logistics services.