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Southern Acids (M) Bhd (XKLS:5134) 6-Month Price Index : 1.10 (As of May. 23, 2024)


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What is Southern Acids (M) 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 (2024-05-23), Southern Acids (M) Bhd's 6-Month Price Index is 1.10.

Competitive Comparison of Southern Acids (M) Bhd's 6-Month Price Index

For the Conglomerates subindustry, Southern Acids (M) 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.

Southern Acids (M) Bhd  (XKLS:5134) 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.

Southern Acids (M) Bhd  (XKLS:5134) 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.

Southern Acids (M) Bhd 6-Month Price Index Related Terms

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Southern Acids (M) Bhd (XKLS:5134) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Southern Acids (M) Bhd (XKLS:5134) » Definitions » 6-Month Price Index
Comparable Companies
XKLS:5673 XKLS:6491 XKLS:8419 XKLS:0041 XKLS:7757 XKLS:7036 XKLS:6807 XKLS:3239 XKLS:3905 XKLS:7181 ADX:IHC HON TSE:8058 TSE:6501 TSE:8031 TSE:8001 MMM ADX:ALPHADHABI HKSE:00267 TSE:8002
Traded in Other Exchanges
N/A
Address
No. 8, Jalan Batu Tiga Lama, Level 29, Centro Tower, Klang, SGR, MYS, 41300
Website
http://www.southernacids.com
Southern Acids (M) Bhd is an investment holding and the provision of a management service company. The company's operating segment includes Oleochemical; Healthcare; Milling and Cultivation and Investments and services. It generates maximum revenue from the Milling and Cultivation segment. The Oleochemical Segment is involved in the manufacturing and marketing of fatty acids and glycerine. Its Milling and Cultivation Segment is principally engaged in the processing of Fresh Fruit Bunches. Geographically, it has a presence in Malaysia, Indonesia, Europe, America, and Other Countries.

Southern Acids (M) Bhd (XKLS:5134) Headlines

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