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Hanwha Ocean (XKRX:042660) 6-Month Price Index : 2.94 (As of May. 04, 2025)


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What is Hanwha Ocean 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 (2025-05-04), Hanwha Ocean's 6-Month Price Index is 2.94.

Competitive Comparison of Hanwha Ocean's 6-Month Price Index

For the Aerospace & Defense subindustry, Hanwha Ocean'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.

Hanwha Ocean  (XKRX:042660) 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.

Hanwha Ocean  (XKRX:042660) 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.

Hanwha Ocean 6-Month Price Index Related Terms

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

Hanwha Ocean Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Hanwha Ocean (XKRX:042660) » Definitions » 6-Month Price Index
Comparable Companies
XKRX:329180 XKRX:009540 XKRX:012450 XKRX:010140 XKRX:047810 XKRX:272210 XKRX:443060 XKRX:079550 XKRX:100090 XKRX:484870 GE RTX BA XPAR:AIR LMT XPAR:SAF LSE:RR. TDG GD XTER:RHM
Traded in Other Exchanges
N/A
Address
3370, Geoje-daero, Gyeongsangnam-do, Geoje-si, KOR
Website
https://www.hanwhaocean.com
Hanwha Ocean manufactures various types of commercial and specialty ships and operates offshore and onshore industrial plants. It is a shipbuilding and marine specialized company that builds various ships, offshore plants, drilling ships, floating oil production facilities, submarines, and destroyers. The company builds various types of ships, including carriers, containerships, submarines, and other vessels. The company's industrial plants focus on oil and gas exploration, chemical, seawater treatment, and power. It helps supply electricity, water, and other resources and utilizes differentiated technology to provide clean energy.

Hanwha Ocean Headlines

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