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CLP Holdings (FRA:CLP) 6-Month Price Index : 1.08 (As of May. 01, 2024)


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What is CLP Holdings 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 (2024-05-01), CLP Holdings's 6-Month Price Index is 1.08.

Competitive Comparison of CLP Holdings's 6-Month Price Index

For the Utilities - Regulated Electric subindustry, CLP Holdings'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.

CLP Holdings  (FRA:CLP) 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.

CLP Holdings  (FRA:CLP) 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.

CLP Holdings 6-Month Price Index Related Terms

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

CLP Holdings (FRA:CLP) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » CLP Holdings Ltd (FRA:CLP) » Definitions » 6-Month Price Index
Comparable Companies
HKSE:01038 HKSE:02638 HKSE:02380 HKSE:00579 HKSE:00362 NEE SO DUK LSE:NG. AEP PCG D BOM:532555 EXC PEG BOM:532898 ED XEL EIX WEC
Traded in Other Exchanges
CLPHY:USA CLPHF:USA 00002:Hong Kong CLP:Germany
Address
8 Laguna Verde Avenue, Hung Hom, Kowloon, Hong Kong, HKG
Website
https://www.clpgroup.com
CLP Holdings is the larger of the two electric utility companies in Hong Kong, serving 80% of the city population. It generates, transmits and distributes electricity to about 2.6 million customers in Kowloon and the New Territories through its wholly owned network. The business is regulated by the Hong Kong government with a permitted return on net fixed asset of 8.00%. Besides Hong Kong, the company has expanded its reach overseas, with generation and retail assets in Australia and generation assets in China, India, Taiwan, and Southeast Asia. Its Hong Kong activities made up more than 80% of recurring net profit in 2021.

CLP Holdings (FRA:CLP) Headlines

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