GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » HK Electric Investments and HK Electric Investments Ltd (HKSE:02638) » Definitions » 6-Month Price Index

HK Electric Investments and HK Electric Investments (HKSE:02638) 6-Month Price Index : 1.07 (As of Dec. 11, 2024)


View and export this data going back to 2014. Start your Free Trial

What is HK Electric Investments and HK Electric Investments 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 (2024-12-11), HK Electric Investments and HK Electric Investments's 6-Month Price Index is 1.07.


Competitive Comparison of HK Electric Investments and HK Electric Investments's 6-Month Price Index

For the Utilities - Regulated Electric subindustry, HK Electric Investments and HK Electric Investments'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.


HK Electric Investments and HK Electric Investments  (HKSE:02638) 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.


HK Electric Investments and HK Electric Investments  (HKSE:02638) 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.


HK Electric Investments and HK Electric Investments 6-Month Price Index Related Terms

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


HK Electric Investments and HK Electric Investments Business Description

Traded in Other Exchanges
Address
44 Kennedy Road, Hong Kong Electric Centre, Hong Kong, HKG
HK Electric Investments and HK Electric Investments Ltd is a fixed single investment trust in Hong Kong with a focus on the power industry. The Company is a vertically integrated power utility and its operations comprise the generation, transmission, distribution and supply of electricity to Hong Kong Island and Lamma Island. The company have one reporting segment which is the generation and supply of electricity to Hong Kong Island and Lamma Island.

HK Electric Investments and HK Electric Investments Headlines

No Headlines