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Melati Ehsan Holdings Bhd (XKLS:5129) 6-Month Price Index : 1.05 (As of Dec. 16, 2024)


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What is Melati Ehsan Holdings 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 (2024-12-16), Melati Ehsan Holdings Bhd's 6-Month Price Index is 1.05.

Competitive Comparison of Melati Ehsan Holdings Bhd's 6-Month Price Index

For the Engineering & Construction subindustry, Melati Ehsan Holdings 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.

Melati Ehsan Holdings Bhd  (XKLS:5129) 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.

Melati Ehsan Holdings Bhd  (XKLS:5129) 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.

Melati Ehsan Holdings Bhd 6-Month Price Index Related Terms

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Melati Ehsan Holdings Bhd Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Melati Ehsan Holdings Bhd (XKLS:5129) » Definitions » 6-Month Price Index
Comparable Companies
XKLS:8192 XKLS:7028 XKLS:5297 XKLS:0241 XKLS:5006 XKLS:0069 XKLS:0237 XKLS:0221 XKLS:7163 XKLS:7544 XPAR:DG NSE:LT SHSE:601668 PWR SHSE:601390 J TSX:WSP HKSE:01800 SHSE:601186 XKRX:028260
Traded in Other Exchanges
N/A
Address
No. 5, Jalan Titiwangsa, Kuala Lumpur, SGR, MYS, 53200
Website
https://www.melatiehsan.com.my
Melati Ehsan Holdings Bhd is a Malaysia-based investment holding. The principal activity of the company is turnkey contractor, property development, trading of construction materials, rental of machineries, money lending business. The reporting segments of the group are the Construction segment which includes turnkey construction activities, the Trading segment which includes the trading of construction materials and rental of machinery, and Property development which relates to the development of residential and commercial properties. The company operates principally in Malaysia and generates the majority of its revenue from the Construction segment. The company's ongoing projects are Meridian at Kluang, TNB Mixed development at Bangsar, Bayu Residency at Sri Temenggung and others.

Melati Ehsan Holdings Bhd Headlines

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