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YB Ventures Bhd (XKLS:5048) 6-Month Price Index : 0.90 (As of Jun. 25, 2024)


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What is YB Ventures 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 (2024-06-25), YB Ventures Bhd's 6-Month Price Index is 0.90.

Competitive Comparison of YB Ventures Bhd's 6-Month Price Index

For the Building Materials subindustry, YB Ventures 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.

YB Ventures Bhd  (XKLS:5048) 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.

YB Ventures Bhd  (XKLS:5048) 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.

YB Ventures Bhd 6-Month Price Index Related Terms

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

YB Ventures Bhd (XKLS:5048) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » YB Ventures Bhd (XKLS:5048) » Definitions » 6-Month Price Index
Comparable Companies
XKLS:8435 XKLS:6378 XKLS:7219 XKLS:7043 XKLS:5371 XKLS:8486 XKLS:5165 XKLS:5009 XKLS:6211 XKLS:7140 CRH XSWX:HOLN NSE:ULTRACEMCO VMC MLM SHSE:600585 XKRX:003670 NSE:GRASIM XTER:HEI BOM:500387
Traded in Other Exchanges
N/A
Address
Lot 7020, Batu 23, Jalan Air Hitam, Johor Darul Takzim, Kulai, SGR, MYS, 81000
Website
https://www.ybventures.com
YB Ventures Bhd is an investment holding company engaged in the tile manufacturing and internet technology. The company operates in two segments namely, Manufacturing and trading segment and Investment holding and dormant segment, out of which the majority of revenue is derived from the Manufacturing and Trading segment. The Group mainly produces tiles under their proprietary brand Alpha Tile a household name in construction, renovation and interior fit-out industries. Geographically it operates in Malaysia, Singapore and Others, out of which the majority of revenue is derived from Malaysia.

YB Ventures Bhd (XKLS:5048) Headlines

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