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Destini Bhd (XKLS:7212) 6-Month Price Index : 0.46 (As of Jun. 16, 2024)


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What is Destini 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 (2024-06-16), Destini Bhd's 6-Month Price Index is 0.46.


Competitive Comparison of Destini Bhd's 6-Month Price Index

For the Aerospace & Defense subindustry, Destini 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.


Destini Bhd  (XKLS:7212) 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.


Destini Bhd  (XKLS:7212) 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.


Destini Bhd 6-Month Price Index Related Terms

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


Destini Bhd (XKLS:7212) Business Description

Traded in Other Exchanges
N/A
Address
Number 10 Jalan Jurunilai U1/20, Hicom Glenmarie Industrial Park, Shah Alam, SGR, MYS, 40150
Destini Bhd is engaged in the investment holding and provision of management services. The company operates through two segments. The Maintenance, repair, overhaul and training segment is involved in the support, replacement, and overhaul of aviation, automobile and safety and tabular handling equipment as well as providing training for the use of safety equipment. Its Marine construction segment consists of the development of shipbuilding and restoration and maintenance of vessels.

Destini Bhd (XKLS:7212) Headlines

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