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Frasers Hospitality Trust (SGX:ACV) 6-Month Price Index : 0.93 (As of Apr. 27, 2024)


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What is Frasers Hospitality Trust 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 (2024-04-27), Frasers Hospitality Trust's 6-Month Price Index is 0.93.

Competitive Comparison of Frasers Hospitality Trust's 6-Month Price Index

For the REIT - Hotel & Motel subindustry, Frasers Hospitality Trust'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.

Frasers Hospitality Trust  (SGX:ACV) 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.

Frasers Hospitality Trust  (SGX:ACV) 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.

Frasers Hospitality Trust 6-Month Price Index Related Terms

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

Frasers Hospitality Trust (SGX:ACV) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Frasers Hospitality Trust (SGX:ACV) » Definitions » 6-Month Price Index
Comparable Companies
SGX:J85 SGX:XZL HST RHP APLE TSE:8963 XPAR:COVH PK TSE:8985 SHO DRH RLJ PEB XHR SVC TSE:3287 INN FIHO12 CLDT HT
Traded in Other Exchanges
N/A
Address
438 Alexandra Road, No.21-00, Alexandra Point, Singapore, SGP, 119958
Website
https://www.frasershospitalitytrust.com
Frasers Hospitality Trust, or FHT, is a global hotel and serviced residence trust that invests in income-producing real estate and real estate-related assets used mainly for hospitality purposes. Its hotels are luxury, upscale, and midscale properties. FHT's investment properties are across Singapore, Australia, Malaysia, Germany, Japan, and the United Kingdom, in cities such as Singapore, Kuala Lumpur, Kobe, Sydney, London, Edinburgh, and Glasgow. Frasers derives the majority of its revenue from its assets in Singapore and Australia. International hotel chains, such as Accor, and InterContinental manage the company's portfolio; as well as Frasers Hospitality, which is a serviced residence operator. The company business segment consist of master leases and hotel under management contract.