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Kuwait Foundry CoK (KUW:KFOUC) 6-Month Price Index : 1.14 (As of Dec. 11, 2024)


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What is Kuwait Foundry CoK 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), Kuwait Foundry CoK's 6-Month Price Index is 1.14.


Competitive Comparison of Kuwait Foundry CoK's 6-Month Price Index

For the Metal Fabrication subindustry, Kuwait Foundry CoK'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.


Kuwait Foundry CoK  (KUW:KFOUC) 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.


Kuwait Foundry CoK  (KUW:KFOUC) 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.


Kuwait Foundry CoK 6-Month Price Index Related Terms

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


Kuwait Foundry CoK Business Description

Traded in Other Exchanges
N/A
Address
AL Rai, Street No. 10, P.O. Box 1393, Plot No. 1880, Safat, Kuwait, KWT, 13014
Kuwait Foundry Co SAK is a Kuwait based company involved in the manufacturing of cast raw iron and other materials. Its business activities include the production of sanitary tools, sewage systems, casting joints for asbestos pipes, water valves, and electric fuse boxes among other products.

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