GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » First Real Estate Investment Trust (SGX:AW9U) » Definitions » 6-Month Price Index

First Real Estate Investment Trust (SGX:AW9U) 6-Month Price Index : 0.94 (As of Jun. 20, 2024)


View and export this data going back to 2006. Start your Free Trial

What is First Real Estate Investment Trust 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 (2024-06-20), First Real Estate Investment Trust's 6-Month Price Index is 0.94.


Competitive Comparison of First Real Estate Investment Trust's 6-Month Price Index

For the REIT - Healthcare Facilities subindustry, First Real Estate Investment Trust'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.


First Real Estate Investment Trust  (SGX:AW9U) 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.


First Real Estate Investment Trust  (SGX:AW9U) 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.


First Real Estate Investment Trust 6-Month Price Index Related Terms

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


First Real Estate Investment Trust (SGX:AW9U) Business Description

Traded in Other Exchanges
Address
333 Orchard Road, No. 33-02, Singapore, SGP, 238867
First Real Estate Investment Trust is a healthcare REIT that operates acquires, develops, and holds properties such as hospitals, hotels, and residential properties. The company is focused on building a diverse portfolio of yield-accretive properties. The vast majority of the company's revenue is generated in Indonesia, followed by Singapore. The company considers merger and acquisition investment as a component of its operational growth strategy.

First Real Estate Investment Trust (SGX:AW9U) Headlines

No Headlines