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Able Global Bhd (XKLS:7167) 6-Month Price Index : 0.76 (As of Apr. 24, 2025)


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What is Able Global 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 (2025-04-24), Able Global Bhd's 6-Month Price Index is 0.76.

Competitive Comparison of Able Global Bhd's 6-Month Price Index

For the Packaged Foods subindustry, Able Global 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.

Able Global Bhd  (XKLS:7167) 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.

Able Global Bhd  (XKLS:7167) 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.

Able Global Bhd 6-Month Price Index Related Terms

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

Able Global Bhd Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Able Global Bhd (XKLS:7167) » Definitions » 6-Month Price Index
Comparable Companies
XKLS:0212 XKLS:2828 XKLS:5105 XKLS:7216 XKLS:0012 XKLS:5300 XKLS:0148 XKLS:0260 XKLS:0300 XKLS:8303 XSWX:NESN XPAR:BN KHC GIS SHSE:603288 K NSE:NESTLEIND SHSE:600887 SZSE:300999 MKC
Traded in Other Exchanges
N/A
Address
PTD 124298, Jalan Kempas Lama, Kampung Seelong Jaya, Skudai, MYS, 81300
Website
https://www.ableglobalbhd.com.my
Able Global Bhd is mainly engaged in investment holding and management services. The company operates in four main segments: Investment Holding, Tin Manufacturing, Property Development, and Food and Beverage. The Investment Holding segment provides investment holding and management services. The Tin Manufacturing segment is involved in the production of various tins, cans, and other containers. The Food and Beverage segment is responsible for manufacturing and selling milk and other dairy-related products. It derives the majority of its revenue from the Food and Beverage segment and has a presence in various countries including Malaysia, Africa, Central America, Europe, and Other Countries.

Able Global Bhd Headlines

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