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Hammadi Holding (SAU:4007) 6-Month Price Index : 0.82 (As of Jun. 07, 2024)


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What is Hammadi Holding 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 (2024-06-07), Hammadi Holding's 6-Month Price Index is 0.82.


Competitive Comparison of Hammadi Holding's 6-Month Price Index

For the Medical Care Facilities subindustry, Hammadi Holding'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.


Hammadi Holding  (SAU:4007) 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.


Hammadi Holding  (SAU:4007) 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.


Hammadi Holding 6-Month Price Index Related Terms

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


Hammadi Holding (SAU:4007) Business Description

Traded in Other Exchanges
N/A
Address
Al-Olaya, P.O. Box 10112, Riyadh, SAU, 11443
Hammadi Holding is engaged in the activities of wholesale and retail trading of medical equipment, pharmaceutical and cosmetic products, establishing, managing, and operating hospitals and medical centers, wholesale and retail trading of food and beverages, purchasing and rentals of lands for construction buildings and investing, initiating commercial centers, operating and maintaining them. The operating segment of the company are Medical Services and Pharmaceuticals Products segment. It generates maximum revenue from the Medical Services segment. The Medical Services segment includes fees for inpatient and outpatient services.

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