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Petron Malaysia Refining & Marketing Bhd (XKLS:3042) 6-Month Price Index : 1.04 (As of Jun. 23, 2024)


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What is Petron Malaysia Refining & Marketing 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 (2024-06-23), Petron Malaysia Refining & Marketing Bhd's 6-Month Price Index is 1.04.

Competitive Comparison of Petron Malaysia Refining & Marketing Bhd's 6-Month Price Index

For the Oil & Gas Refining & Marketing subindustry, Petron Malaysia Refining & Marketing 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.

Petron Malaysia Refining & Marketing Bhd  (XKLS:3042) 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.

Petron Malaysia Refining & Marketing Bhd  (XKLS:3042) 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.

Petron Malaysia Refining & Marketing Bhd 6-Month Price Index Related Terms

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Petron Malaysia Refining & Marketing Bhd (XKLS:3042) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Petron Malaysia Refining & Marketing Bhd (XKLS:3042) » Definitions » 6-Month Price Index
Comparable Companies
XKLS:4324 XKLS:0160 NSE:RELIANCE MPC PSX VLO OHEL:NESTE TPE:6505 XKAZ:KMGZ NSE:IOC TSE:5020 DINO IST:TUPRS XKRX:096770 BOM:500547 HKSE:00135 IEP TSE:5019 BKK:OR XKRX:010950
Traded in Other Exchanges
N/A
Address
No. 46, Jalan Dungun, Level 12A, Menara I & P, Tower 1, Damansara Heights, Kuala Lumpur, SGR, MYS, 50490
Website
https://www.petron.com.my
Petron Malaysia Refining & Marketing Bhd is an oil company engaged in producing a wide range of petroleum products which include Gasoline, Automotive Diesel Oil (ADO), Liquefied Petroleum Gas (LPG), Jet Fuel, Naphtha, and Low Sulphur Waxy Residue (LSWR). The company is organized as one integrated business segment which operates to manufacture and sell petroleum products. Geographically majority of its revenue gets derived from the domestic market.

Petron Malaysia Refining & Marketing Bhd (XKLS:3042) Headlines

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