GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Caudan Development Ltd (XMAU:MU0030N00000) » Definitions » 6-Month Price Index

Caudan Development (XMAU:MU0030N00000) 6-Month Price Index : 1.66 (As of Dec. 15, 2024)


View and export this data going back to 2002. Start your Free Trial

What is Caudan Development 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 (2024-12-15), Caudan Development's 6-Month Price Index is 1.66.


Competitive Comparison of Caudan Development's 6-Month Price Index

For the Conglomerates subindustry, Caudan Development'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.


Caudan Development  (XMAU:MU0030N00000) 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.


Caudan Development  (XMAU:MU0030N00000) 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.


Caudan Development 6-Month Price Index Related Terms

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


Caudan Development Business Description

Traded in Other Exchanges
N/A
Address
Promotion and Development Ltd, 8th Floor, Dias Pier, Le Caudan Waterfront, Port Louis, MUS
Caudan Development Ltd is engaged in property development and investment and the provision of security services. The company has two segments. The property segment includes rental income and the security segment includes security and property protection services and sales of equipment. The company specializes in the ownership, promotion, and development of Le Caudan Waterfront, a mixed commercial project on the waterfront of Port Louis. The company also rents out industrial buildings situated at Pailles and Riche Terre, Mauritius. The group operates in the security business and is involved in the sale of alarm equipment and the provision of security and property protection services.

Caudan Development Headlines

No Headlines