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PT Kencana Energi Lestari Tbk (ISX:KEEN) 6-Month Price Index : 0.98 (As of Jun. 04, 2024)


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What is PT Kencana Energi Lestari Tbk 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 (2024-06-04), PT Kencana Energi Lestari Tbk's 6-Month Price Index is 0.98.


Competitive Comparison of PT Kencana Energi Lestari Tbk's 6-Month Price Index

For the Utilities - Independent Power Producers subindustry, PT Kencana Energi Lestari Tbk'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.


PT Kencana Energi Lestari Tbk  (ISX:KEEN) 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.


PT Kencana Energi Lestari Tbk  (ISX:KEEN) 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.


PT Kencana Energi Lestari Tbk 6-Month Price Index Related Terms

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


PT Kencana Energi Lestari Tbk (ISX:KEEN) Business Description

Traded in Other Exchanges
N/A
Address
Jl. Meruya Ilir Raya no. 88, Kencana Tower, 11th floor, Business Park Kebon Jeruk, Jakarta Barat, IDN, 11620
PT Kencana Energi Lestari Tbk is a prominent renewable energy provider company in Indonesia. It generates renewable energy for industries and homes in Indonesia. Through subsidiaries, the company operates three hydropower plants located in three separate Indonesian provinces, namely North Sumatra, Bengkulu, and South Sulawesi.

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