GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Shamal Az-Zour Al-Oula Power And Water Co KSCP (KUW:AZNOULA) » Definitions » 6-Month Price Index

Shamal Az-Zour Al-Oula Power And Water Co KSCP (KUW:AZNOULA) 6-Month Price Index : 0.91 (As of Jun. 15, 2024)


View and export this data going back to 2020. Start your Free Trial

What is Shamal Az-Zour Al-Oula Power And Water Co KSCP 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 (2024-06-15), Shamal Az-Zour Al-Oula Power And Water Co KSCP's 6-Month Price Index is 0.91.


Competitive Comparison of Shamal Az-Zour Al-Oula Power And Water Co KSCP's 6-Month Price Index

For the Utilities - Diversified subindustry, Shamal Az-Zour Al-Oula Power And Water Co KSCP'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.


Shamal Az-Zour Al-Oula Power And Water Co KSCP  (KUW:AZNOULA) 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.


Shamal Az-Zour Al-Oula Power And Water Co KSCP  (KUW:AZNOULA) 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.


Shamal Az-Zour Al-Oula Power And Water Co KSCP 6-Month Price Index Related Terms

Thank you for viewing the detailed overview of Shamal Az-Zour Al-Oula Power And Water Co KSCP's 6-Month Price Index provided by GuruFocus.com. Please click on the following links to see related term pages.


Shamal Az-Zour Al-Oula Power And Water Co KSCP (KUW:AZNOULA) Business Description

Traded in Other Exchanges
N/A
Address
Khalid Ibn Al Waleed Street, 6th Floor, Mazaya Tower 2, Block 3, Mirqab, Kuwait City, KWT
Shamal Az-Zour Al-Oula Power And Water Co KSCP is engaged in the development of Az-Zour North One Power and Water plant. The company promotes power generation plants and builds and operates power production and water desalination plants that produce more than 500 MW.

Shamal Az-Zour Al-Oula Power And Water Co KSCP (KUW:AZNOULA) Headlines

No Headlines