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LH Hotel Leasehold Real Estate Investment Trust (BKK:LHHOTEL) 6-Month Price Index : 1.06 (As of Jun. 07, 2024)


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What is LH Hotel Leasehold Real Estate Investment 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 (2024-06-07), LH Hotel Leasehold Real Estate Investment Trust's 6-Month Price Index is 1.06.


Competitive Comparison of LH Hotel Leasehold Real Estate Investment Trust's 6-Month Price Index

For the REIT - Hotel & Motel subindustry, LH Hotel Leasehold Real Estate Investment 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.


LH Hotel Leasehold Real Estate Investment Trust  (BKK:LHHOTEL) 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.


LH Hotel Leasehold Real Estate Investment Trust  (BKK:LHHOTEL) 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.


LH Hotel Leasehold Real Estate Investment Trust 6-Month Price Index Related Terms

Thank you for viewing the detailed overview of LH Hotel Leasehold Real Estate Investment Trust's 6-Month Price Index provided by GuruFocus.com. Please click on the following links to see related term pages.


LH Hotel Leasehold Real Estate Investment Trust (BKK:LHHOTEL) Business Description

Traded in Other Exchanges
N/A
Address
South Sathorn Road, No. 11 Q House Sathorn Building, 14th Floor, Tungmahamek, Sathorn, Bangkok, THA, 10120
LH Hotel Leasehold Real Estate Investment Trust is a Thailand-based REIT (Real Estate Investment Trust). The Trust's objectives are to mobilize funds raised from general investors to invest in the leasehold right in immovable properties and the ownership of movable properties of the Grande Centre Point Hotel Terminal 21 project as the core properties. The Trust is engaged in the rental of immovable and moveable properties. Its operation is carried on only in Thailand.

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