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HK Electric Investments and HK Electric Investments (HKSE:02638) 6-Month Price Index : 1.11 (As of May. 15, 2024)


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What is HK Electric Investments and HK Electric Investments 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 (2024-05-15), HK Electric Investments and HK Electric Investments's 6-Month Price Index is 1.11.

Competitive Comparison of HK Electric Investments and HK Electric Investments's 6-Month Price Index

For the Utilities - Regulated Electric subindustry, HK Electric Investments and HK Electric Investments'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.

HK Electric Investments and HK Electric Investments  (HKSE:02638) 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.

HK Electric Investments and HK Electric Investments  (HKSE:02638) 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.

HK Electric Investments and HK Electric Investments 6-Month Price Index Related Terms

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HK Electric Investments and HK Electric Investments (HKSE:02638) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » HK Electric Investments and HK Electric Investments Ltd (HKSE:02638) » Definitions » 6-Month Price Index
Comparable Companies
HKSE:02380 HKSE:00362 HKSE:01038 HKSE:00002 NEE SO DUK LSE:NG. PCG AEP EXC D XEL ED PEG BOM:532555 WEC EIX BOM:532898 FE
Traded in Other Exchanges
HKVTY:USA HKCVF:USA HKT:Germany
Address
44 Kennedy Road, Hong Kong Electric Centre, Hong Kong, HKG
Website
https://www.hkelectric.com
HK ELECTRIC INVESTMENTS LIMITED is a fixed single investment trust in Hong Kong with a focus on the power industry. The Company is a vertically integrated power utility and its operations comprise the generation, transmission, distribution and supply of electricity to Hong Kong Island and Lamma Island. Its principal operating subsidiary is The Hongkong Electric Company, Limited (HEC). HEC's sole power generation facility is the Lamma Power Station which has an aggregate installed capacity of approximately 3,700 megawatt (MW). The Company provides electricity to approximately 568,000 registered customers on Hong Kong Island and Lamma Island.

HK Electric Investments and HK Electric Investments (HKSE:02638) Headlines

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