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Doreen Power Generations and Systems (DHA:DOREENPWR) 6-Month Price Index : 1.13 (As of May. 08, 2025)


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What is Doreen Power Generations and Systems 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 (2025-05-08), Doreen Power Generations and Systems's 6-Month Price Index is 1.13.


Competitive Comparison of Doreen Power Generations and Systems's 6-Month Price Index

For the Utilities - Independent Power Producers subindustry, Doreen Power Generations and Systems'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.


Doreen Power Generations and Systems  (DHA:DOREENPWR) 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.


Doreen Power Generations and Systems  (DHA:DOREENPWR) 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.


Doreen Power Generations and Systems 6-Month Price Index Related Terms

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Doreen Power Generations and Systems Business Description

Traded in Other Exchanges
N/A
Address
192/A, Eastern Road, Lane-01, New DOHS, 3rd Floor, Mohakhali C/A, Dhaka, BGD, 1206
Doreen Power Generations and Systems Ltd is engaged in generating and supplying electricity to the Bangladesh Power Development Board and Rural Electrification Board. The company has three power plants including Tangail, Narshinghdi, and Feni power plants each with an installed capacity of 22 megawatts. The company is focused on increasing power generation capacity to 200 megawatts.

Doreen Power Generations and Systems Headlines

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