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Al Maha Petroleum Products Marketing CoOG (MUS:MHAS) 6-Month Price Index : 1.02 (As of Jun. 22, 2024)


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What is Al Maha Petroleum Products Marketing CoOG 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), Al Maha Petroleum Products Marketing CoOG's 6-Month Price Index is 1.02.


Competitive Comparison of Al Maha Petroleum Products Marketing CoOG's 6-Month Price Index

For the Oil & Gas Refining & Marketing subindustry, Al Maha Petroleum Products Marketing CoOG'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.


Al Maha Petroleum Products Marketing CoOG  (MUS:MHAS) 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.


Al Maha Petroleum Products Marketing CoOG  (MUS:MHAS) 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.


Al Maha Petroleum Products Marketing CoOG 6-Month Price Index Related Terms

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Al Maha Petroleum Products Marketing CoOG (MUS:MHAS) Business Description

Traded in Other Exchanges
N/A
Address
Mina Al Fahal, P.O. Box 57, Mina Al Fahal, OMN, 116
Al Maha Petroleum Products Marketing Co SAOG markets and distributes petroleum products. It supplies fuel and petroleum-based products to retail, industrial, and aviation markets and offers environment-friendly oil and lubricants through its service stations. The company maintains a network of service stations throughout Oman. Its product portfolio covers Gasoline, Diesel, Aviation fuel, Kerosene, and Lubricants. The company operates its business through the segments of Retail sales, Commercial sales, and Other sales. The retail sales segment derives key revenue for the company which includes sales made through company-operated stations, dealer-operated stations, and third-party-operated stations.

Al Maha Petroleum Products Marketing CoOG (MUS:MHAS) Headlines

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