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Habib Sugar Mills (KAR:HABSM) 6-Month Price Index : 1.37 (As of Jun. 07, 2024)


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What is Habib Sugar Mills 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), Habib Sugar Mills's 6-Month Price Index is 1.37.

Competitive Comparison of Habib Sugar Mills's 6-Month Price Index

For the Confectioners subindustry, Habib Sugar Mills'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.

Habib Sugar Mills  (KAR:HABSM) 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.

Habib Sugar Mills  (KAR:HABSM) 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.

Habib Sugar Mills 6-Month Price Index Related Terms

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

Habib Sugar Mills (KAR:HABSM) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Habib Sugar Mills Ltd (KAR:HABSM) » Definitions » 6-Month Price Index
Comparable Companies
HKSE:02330 XKLS:4081 TSE:2750 HKSE:00969 KAR:SML BOM:533192 NSE:UGARSUGAR ISX:COCO BOM:523371 ASX:FFI BOM:540650 PARF ZAG:VIRO BOM:507315 ROCO:2733 BOM:532460 BOM:523369 ASX:YOW NSE:KOTARISUG PHS:BMM
Traded in Other Exchanges
N/A
Address
Dr. Ziauddin Ahmed Road, 3rd Floor, Imperial Court, Karachi, SD, PAK, 75530
Website
https://www.habibsugar.com
Habib Sugar Mills Ltd is engaged in the manufacturing and marketing of refined sugar, ethanol, liquid carbon dioxide, household textiles, and providing bulk storage facilities and trading of commodities. It operates through following divisions: the Sugar division manufactures refined sugar; the Distillery division produces ethanol and liquefied CO2 and provides bulk storage facilities; the Textile division manufactures household textiles, and the Trading division handles trading of molasses and sugar. The company generates the majority of its revenues from the Sugar division.

Habib Sugar Mills (KAR:HABSM) Headlines

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