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Ideal Capital Bhd (XKLS:9687) 6-Month Price Index : 1.49 (As of Apr. 27, 2024)


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What is Ideal Capital 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 (2024-04-27), Ideal Capital Bhd's 6-Month Price Index is 1.49.

Competitive Comparison of Ideal Capital Bhd's 6-Month Price Index

For the Real Estate - Development subindustry, Ideal Capital 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.

Ideal Capital Bhd  (XKLS:9687) 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.

Ideal Capital Bhd  (XKLS:9687) 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.

Ideal Capital Bhd 6-Month Price Index Related Terms

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Ideal Capital Bhd (XKLS:9687) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Ideal Capital Bhd (XKLS:9687) » Definitions » 6-Month Price Index
Comparable Companies
XKLS:7105 XKLS:3417 XKLS:5313 XKLS:6114 XKLS:5789 XKLS:5827 XKLS:1724 XKLS:1589 XKLS:5315 XKLS:2305 HKSE:00016 HKSE:01109 HKSE:00688 HKSE:01113 TSE:1925 SHSE:600048 SZSE:000002 BOM:532868 DFM:EMAAR SZSE:001979
Traded in Other Exchanges
N/A
Address
Jalan Mahsuri, No. 71-5, Ideal @ The One, Bayan Lepas, PNG, MYS, 11950
Website
https://www.iubib.com.my
Ideal Capital Bhd is a Malaysia-based investment holding company engaged in the trading of heavy machinery and spare parts, and property development activities. The group has three reportable segments namely, the Trading segment which includes trading of heavy machinery and spare parts, the Property development segment which relates to property development activities, and Project investment and project management engaged in rental income and property management services. The company operates in Malaysia and generates the majority of its revenue from the Property development segment.

Ideal Capital Bhd (XKLS:9687) Headlines

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