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Edaran Bhd (XKLS:5036) 6-Month Price Index : 1.49 (As of Jun. 14, 2024)


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What is Edaran 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 (2024-06-14), Edaran Bhd's 6-Month Price Index is 1.49.


Competitive Comparison of Edaran Bhd's 6-Month Price Index

For the Information Technology Services subindustry, Edaran 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.


Edaran Bhd  (XKLS:5036) 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.


Edaran Bhd  (XKLS:5036) 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.


Edaran Bhd 6-Month Price Index Related Terms

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


Edaran Bhd (XKLS:5036) Business Description

Traded in Other Exchanges
N/A
Address
No. 2, Jalan 4/76C, Desa Pandan, Kuala Lumpur, SGR, MYS, 55100
Edaran Bhd is an investment holding company. The group is predominantly engaged in four segments such as Information technology and services, Telecommunications, Investment holding, and Lifestyle. Information technology includes provisioning, installation, commissioning, integration, and maintenance of information technology products and related services. Telecommunication includes provisioning, installation, commissioning, and maintenance of power supply equipment for telecommunication systems and integration and maintenance of telecommunication equipment and Lifestyle involves lifestyle activities. Information technology makes a substantial contribution to the company's revenue. Majority of its revenue is derived from Malaysia.

Edaran Bhd (XKLS:5036) Headlines

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