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Coast Investment & Development Co (KUW:COAST) 6-Month Price Index : 1.02 (As of Jun. 22, 2024)


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What is Coast Investment & Development Co 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 (2024-06-22), Coast Investment & Development Co's 6-Month Price Index is 1.02.


Competitive Comparison of Coast Investment & Development Co's 6-Month Price Index

For the Asset Management subindustry, Coast Investment & Development Co'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.


Coast Investment & Development Co  (KUW:COAST) 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.


Coast Investment & Development Co  (KUW:COAST) 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.


Coast Investment & Development Co 6-Month Price Index Related Terms

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


Coast Investment & Development Co (KUW:COAST) Business Description

Traded in Other Exchanges
N/A
Address
Al Sharq Area, Shuhada Street, P.O. Box 26755, Coast Building, Al Asima Governate, Kuwait, KWT, 13128
Coast Investment & Development Co is a financial institution. The coast is engaged in a variety of investment management activities such as private equity, asset management, and real estate investments both locally and internationally. It also offers a wide array of investment services including portfolio and fund management, advisory services, corporate finance, and online equity trading services. The company's geographical segment includes Kuwait and GCC; Europe and the USA. It derives the majority of its revenue from Kuwait and GCC.

Coast Investment & Development Co (KUW:COAST) Headlines

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