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Axteria Group Bhd (XKLS:7120) 6-Month Price Index : 1.00 (As of Jun. 09, 2024)


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What is Axteria Group 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 (2024-06-09), Axteria Group Bhd's 6-Month Price Index is 1.00.

Competitive Comparison of Axteria Group Bhd's 6-Month Price Index

For the Real Estate - Development subindustry, Axteria Group 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.

Axteria Group Bhd  (XKLS:7120) 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.

Axteria Group Bhd  (XKLS:7120) 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.

Axteria Group Bhd 6-Month Price Index Related Terms

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Axteria Group Bhd (XKLS:7120) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Axteria Group Bhd (XKLS:7120) » Definitions » 6-Month Price Index
Comparable Companies
XKLS:5207 XKLS:5049 XKLS:1147 XKLS:6815 XKLS:7070 XKLS:7071 XKLS:7066 XKLS:7079 XKLS:2259 XKLS:5062 HKSE:00016 HKSE:01109 HKSE:00688 HKSE:01113 TSE:1925 SHSE:600048 SZSE:000002 BOM:532868 DFM:EMAAR SZSE:001979
Traded in Other Exchanges
N/A
Address
No.56, Jalan Setia Tropika 1/14, Suite 02-01, Level 2, Wisma Teras Eco, Taman Setia Tropika, Johor Bahru, JHR, MYS, 81200
Website
https://www.acoustech.com.my
Axteria Group Bhd, formerly Acoustech Bhd is an investment holding company engaged in the property development and construction business. It operates through three divisions. The Property Development and Construction Division, which derives the majority of revenue, involves developing properties, securing, and carrying out construction contracts. The Investment Holding division involves activities where investments contribute to dividend income and interest income as well as sharing of results of the investee companies and Trading division involves wholesale of construction materials to third party customers. It only operates in Malaysia.

Axteria Group Bhd (XKLS:7120) Headlines

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