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New Hoong Fatt Holdings Bhd (XKLS:7060) 6-Month Price Index : 0.84 (As of Dec. 13, 2024)


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What is New Hoong Fatt 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 (2024-12-13), New Hoong Fatt Holdings Bhd's 6-Month Price Index is 0.84.


Competitive Comparison of New Hoong Fatt Holdings Bhd's 6-Month Price Index

For the Auto Parts subindustry, New Hoong Fatt 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.


New Hoong Fatt Holdings Bhd  (XKLS:7060) 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.


New Hoong Fatt Holdings Bhd  (XKLS:7060) 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.


New Hoong Fatt Holdings Bhd 6-Month Price Index Related Terms

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New Hoong Fatt Holdings Bhd Business Description

Traded in Other Exchanges
N/A
Address
Jalan Teratai, Meru, Lot 5043, Klang, SGR, MYS, 41050
New Hoong Fatt Holdings Bhd is an investment holding company based in Malaysia that provides automotive parts solutions through its subsidiaries. Its products are classified under different categories such as Metal Automotive parts which include door, hood, tailgate, fender, trunk lid, and bonnet; Plastic Automotive parts such as the bumper, grille, lamp, lamp accessories, door handle, and door mirror; and Automotive Accessories such as oil filter, spark plug, brake pad, air filter, ignition switch, fan motor, and others. The company's geographical segments include Malaysia; ASEAN; and Non-ASEAN (such as Middle East, Central and South America, Europe, Africa, and China). It derives the majority of revenue from Malaysia.

New Hoong Fatt Holdings Bhd Headlines

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