GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Fareast Finance & Investment Ltd (DHA:FAREASTFIN) » Definitions » 6-Month Price Index

Fareast Finance & Investment (DHA:FAREASTFIN) 6-Month Price Index : 0.61 (As of Jun. 09, 2024)


View and export this data going back to 2013. Start your Free Trial

What is Fareast Finance & Investment 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), Fareast Finance & Investment's 6-Month Price Index is 0.61.


Competitive Comparison of Fareast Finance & Investment's 6-Month Price Index

For the Credit Services subindustry, Fareast Finance & Investment'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.


Fareast Finance & Investment  (DHA:FAREASTFIN) 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.


Fareast Finance & Investment  (DHA:FAREASTFIN) 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.


Fareast Finance & Investment 6-Month Price Index Related Terms

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


Fareast Finance & Investment (DHA:FAREASTFIN) Business Description

Traded in Other Exchanges
N/A
Address
52-53, Dilkusha Commercial Area, Eunoos Centre, 8th level, Dhaka, BGD, 1000
Fareast Finance & Investment Ltd provides lease and term finances. It also provides short-term finance, factoring and bond discount and among others. The company's services include Lease Finance, Term Finance, Short Term Finance and Factoring. It include services to clients for all types of machinery, equipment, household durables including vehicle for the purpose of industrial, commercial and personal.

Fareast Finance & Investment (DHA:FAREASTFIN) Headlines

No Headlines