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Wilson Bayly Holmes-Ovcon (FRA:WQ9) 6-Month Price Index : 1.18 (As of Jun. 11, 2024)


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What is Wilson Bayly Holmes-Ovcon 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 (2024-06-11), Wilson Bayly Holmes-Ovcon's 6-Month Price Index is 1.18.


Competitive Comparison of Wilson Bayly Holmes-Ovcon's 6-Month Price Index

For the Engineering & Construction subindustry, Wilson Bayly Holmes-Ovcon'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.


Wilson Bayly Holmes-Ovcon  (FRA:WQ9) 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.


Wilson Bayly Holmes-Ovcon  (FRA:WQ9) 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.


Wilson Bayly Holmes-Ovcon 6-Month Price Index Related Terms

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Wilson Bayly Holmes-Ovcon (FRA:WQ9) Business Description

Traded in Other Exchanges
Address
53 Andries Street, Wynberg, Sandton, Johannesburg, GT, ZAF, 2090
Wilson Bayly Holmes-Ovcon Ltd is a South Africa-based construction company. The company's business activities encompass designing, construction, and procurement, as well as civil engineering, works for large-scale public and private projects, roads and earthworks projects, and turnkey projects. The company also provides construction materials, real estate development, and other services. Its customers predominanlty come from the retail, residential, hotel and entertainment, infrastructure, mining, energy, and oil and gas sectors. Wilson Bayly Holmes-Ovconc operates in South Africa, United Kingdom and Rest of Africa. Substantial part of the overall revenue is generated from its operations in South Africa.

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