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Mynews Holdings Bhd (XKLS:5275) 6-Month Price Index : 1.18 (As of Sep. 22, 2024)


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What is Mynews 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 (2024-09-22), Mynews Holdings Bhd's 6-Month Price Index is 1.18.

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

For the Specialty Retail subindustry, Mynews 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.

Mynews Holdings Bhd  (XKLS:5275) 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.

Mynews Holdings Bhd  (XKLS:5275) 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.

Mynews Holdings Bhd 6-Month Price Index Related Terms

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

Mynews Holdings Bhd Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Mynews Holdings Bhd (XKLS:5275) » Definitions » 6-Month Price Index
Comparable Companies
XKLS:5316 XKLS:5295 XKLS:03047 XKLS:0287 XKLS:0210 XKLS:6351 ORLY TSX:ATD AZO SHSE:601888 TSCO ULTA GPC BBY ADX:ADNOCDIST CASY FIVE WSM DKS MNSO
Traded in Other Exchanges
N/A
Address
Lot No. 3, Jalan Teknologi 3/1, Taman Sains Selangor 1, Seksyen 3, PJU 5, Kota Damansara, Petaling Jaya, MYS, 47810
Website
https://www.mynews.com.my
Mynews Holdings Bhd through its subsidiaries is engaged in the manufacture and convenience retailing, comprising the operations of a press and convenience retail chain in Malaysia under the trade name of myNEWS.com, newsplus, MAGBIT, and THE FRONT PAGE. The company operates principally in Malaysia.

Mynews Holdings Bhd Headlines

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