Ruentex Industries (TPE:2915) 6-Month Price Index : 1.13 (As of Jun. 07, 2024)

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What is Ruentex Industries 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 (2024-06-07), Ruentex Industries's 6-Month Price Index is 1.13.

Competitive Comparison of Ruentex Industries's 6-Month Price Index

For the Textile Manufacturing subindustry, Ruentex Industries'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.

Ruentex Industries (TPE:2915) 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.

Ruentex Industries (TPE:2915) 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.

Ruentex Industries 6-Month Price Index Related Terms

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

Ruentex Industries (TPE:2915) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Ruentex Industries Ltd (TPE:2915) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.308, Section 2, Bade Road, 13th Floor, Taipei, TWN

Website

https://www.ruentex.com.tw

Ruentex Industries Ltd is a textile business based in Taiwan. The company generates the majority of its revenue domestically, and a small portion from the rest of Asia, through five segments. The investment segment invests in, constructs, and leases commercial buildings and government-funded residential housing units. The hypermarket segment derives the majority of revenue from imports and exports of textiles. The textile department engages in the yarning of cotton, wool, chemical fibers, and synthetic fibers. The retailing segment retails men's and women's clothing, underwear, and bags under several brand names such as Nautica and Jeep. The smallest segment, construction, manufactures, processes, and markets construction materials.

Ruentex Industries (TPE:2915) Headlines

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