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Hiap Tong (SGX:5PO) 6-Month Price Index : 0.81 (As of Jan. 18, 2025)


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What is Hiap Tong 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 (2025-01-18), Hiap Tong's 6-Month Price Index is 0.81.

Competitive Comparison of Hiap Tong's 6-Month Price Index

For the Rental & Leasing Services subindustry, Hiap Tong'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.

Hiap Tong  (SGX:5PO) 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.

Hiap Tong  (SGX:5PO) 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.

Hiap Tong 6-Month Price Index Related Terms

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

Hiap Tong Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Hiap Tong Corp Ltd (SGX:5PO) » Definitions » 6-Month Price Index
Comparable Companies
SGX:570 SGX:D8DU URI LSE:AHT AER FTAI UHAL TSX:EFN R WSC BSP:RENT3 GATX XPAR:AYV AL HRI HKSE:02588 TSE:8439 XTER:SIX2 SZSE:000415 CAR
Traded in Other Exchanges
N/A
Address
22 Soon lee Road, Singapore, SGP, 628082
Website
https://www.hiaptong.com
Hiap Tong Corp Ltd is mainly involved in renting cranes, prime movers, heavy machinery, and equipment and trading cranes and heavy equipment. The company's products are used by the marine, petrochemical, and construction industries. It operates in two segments namely lifting and haulage services, and manpower services. The company also provides load test and drop test services for marine offshore and engineering industries. Its geographical segments include Singapore and Malaysia, of which the majority of the revenue comes from Singapore.

Hiap Tong Headlines

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