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Nordic Group (SGX:MR7) 6-Month Price Index : 0.74 (As of May. 30, 2024)


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What is Nordic Group 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 (2024-05-30), Nordic Group's 6-Month Price Index is 0.74.

Competitive Comparison of Nordic Group's 6-Month Price Index

For the Engineering & Construction subindustry, Nordic Group'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.

Nordic Group  (SGX:MR7) 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.

Nordic Group  (SGX:MR7) 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.

Nordic Group 6-Month Price Index Related Terms

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

Nordic Group (SGX:MR7) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Nordic Group Ltd (SGX:MR7) » Definitions » 6-Month Price Index
Comparable Companies
SGX:ER0 SGX:E3B SGX:I07 SGX:J2T SGX:L19 SGX:5HV SGX:Q0X SGX:ZKX SGX:5CF SGX:K75 XPAR:DG NSE:LT SHSE:601668 PWR SHSE:601390 J TSX:WSP HKSE:01800 SHSE:601186 XKRX:028260
Traded in Other Exchanges
N/A
Address
2 Tuas Avenue 10, Singapore, SGP, 639126
Website
https://www.nordicgrouplimited.com
Nordic Group Ltd is an investment holding company. Its operating business segments include Project Services, Maintenance Services, and Others. The company generates maximum revenue from the Maintenance services segment. Its Maintenance Services segment includes maintenance and repair services, trading and supply of material, spare parts and components. The Project services segment includes projects that require engineering, procurement, design, construction, machining, scaffolding works, insulation services, and passive fireproofing services. Geographically, Singapore derives the vast majority of its revenue.

Nordic Group (SGX:MR7) Headlines

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