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Karyon Industries Bhd (XKLS:0054) 6-Month Price Index : 1.03 (As of Jun. 10, 2024)


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What is Karyon Industries Bhd 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 (2024-06-10), Karyon Industries Bhd's 6-Month Price Index is 1.03.

Competitive Comparison of Karyon Industries Bhd's 6-Month Price Index

For the Specialty Chemicals subindustry, Karyon Industries Bhd'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.

Karyon Industries Bhd  (XKLS:0054) 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.

Karyon Industries Bhd  (XKLS:0054) 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.

Karyon Industries Bhd 6-Month Price Index Related Terms

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

Karyon Industries Bhd (XKLS:0054) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Karyon Industries Bhd (XKLS:0054) » Definitions » 6-Month Price Index
Comparable Companies
XKLS:0105 XKLS:7223 XKLS:4944 XKLS:0055 XKLS:9083 XKLS:7005 XKLS:0100 XKLS:0205 XKLS:7083 XKLS:7173 LIN XPAR:AI APD SHW ECL SHSE:600309 XSWX:SIKA BOM:500820 DD XSWX:GIVN
Traded in Other Exchanges
N/A
Address
No. 1, Jalan Sri Plentong 6, Taman Perindustrian Sri Plentong, Masai, Johor Darul Takzim, JHR, MYS, 81750
Website
https://www.karyongroup.com.my
Karyon Industries Bhd is a Malaysian company engaged in the business of manufacturing polymeric products. The segments of the company include the Investment holding division; and Manufacturing of polymeric products that involve the manufacturing and trading of Polyvinyl Chloride (PVC) compound, plastic additives, and industrial chemical products. The company derives the majority of its revenue through its manufacturing of polymeric products segment from Malaysia.

Karyon Industries Bhd (XKLS:0054) Headlines

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