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Tripod Technology (TPE:3044) 6-Month Price Index : 1.08 (As of Jun. 10, 2024)


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What is Tripod Technology 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 (2024-06-10), Tripod Technology's 6-Month Price Index is 1.08.


Competitive Comparison of Tripod Technology's 6-Month Price Index

For the Electronic Components subindustry, Tripod Technology'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.


Tripod Technology  (TPE:3044) 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.


Tripod Technology  (TPE:3044) 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.


Tripod Technology 6-Month Price Index Related Terms

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


Tripod Technology (TPE:3044) Business Description

Traded in Other Exchanges
N/A
Address
No. 21, Kuang-Yeh 5th Road, Ping-Jen Industrial Park, Ping-jen District, Taoyuan, TWN
Tripod Technology Corporation manufactures and distributes printed circuit boards. The company focuses on the production and sale of printed circuit boards, and this segment provides the majority of the company's revenue. The company's products include various boards for memory modules, thin-film-transistor liquid-crystal displays, telecommunications boards, hard disks, automotive, servers, substrates, and other services. The vast majority of revenue is earned from customers in China, however, the company also does business in Taiwan, Malaysia, and South Korea among others.

Tripod Technology (TPE:3044) Headlines

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