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Paramount Bhd (XKLS:1724) 6-Month Price Index : 1.23 (As of Jun. 09, 2024)


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What is Paramount Bhd 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 (2024-06-09), Paramount Bhd's 6-Month Price Index is 1.23.

Competitive Comparison of Paramount Bhd's 6-Month Price Index

For the Real Estate - Development subindustry, Paramount Bhd'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.

Paramount Bhd  (XKLS:1724) 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.

Paramount Bhd  (XKLS:1724) 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.

Paramount Bhd 6-Month Price Index Related Terms

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

Paramount Bhd (XKLS:1724) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Paramount Corp Bhd (XKLS:1724) » Definitions » 6-Month Price Index
Comparable Companies
XKLS:5827 XKLS:1589 XKLS:5315 XKLS:2305 XKLS:1503 XKLS:4251 XKLS:5075 XKLS:3743 XKLS:5789 XKLS:3174 HKSE:00016 HKSE:01109 HKSE:00688 HKSE:01113 TSE:1925 SHSE:600048 SZSE:000002 BOM:532868 DFM:EMAAR SZSE:001979
Traded in Other Exchanges
N/A
Address
1, Jalan SS21/58, Level 8, Uptown 1, Damansara Uptown, Petaling Jaya, SGR, MYS, 47400
Website
https://www.pcb.my
Paramount Corp Bhd is an investment holding company. The group has three reportable operating segments - Property, Coworking, and Investment and Others. The Property segment which generates maximum revenue is engaged in the development and construction of residential and commercial properties and property investment. The Coworking segment includes the operation of coworking spaces and incubator-related services. Investment and Others segment is involved in the investment holding and provision of group-level corporate services and property investment of campus building.

Paramount Bhd (XKLS:1724) Headlines

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