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Baraka Power (DHA:BARKAPOWER) 6-Month Price Index : 0.60 (As of Jun. 08, 2024)


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What is Baraka Power 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 (2024-06-08), Baraka Power's 6-Month Price Index is 0.60.

Competitive Comparison of Baraka Power's 6-Month Price Index

For the Utilities - Regulated Electric subindustry, Baraka Power'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.

Baraka Power  (DHA:BARKAPOWER) 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.

Baraka Power  (DHA:BARKAPOWER) 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.

Baraka Power 6-Month Price Index Related Terms

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

Baraka Power (DHA:BARKAPOWER) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Baraka Power Ltd (DHA:BARKAPOWER) » Definitions » 6-Month Price Index
Comparable Companies
DHA:GBBPOWER DHA:KPCL DHA:DESCO NEE SO DUK LSE:NG. PCG AEP EXC D XEL ED PEG BOM:532555 WEC EIX BOM:532898 FE XMAD:ELE
Traded in Other Exchanges
N/A
Address
6/A/1, Segunbagicha, 1st and 2nd Floor, Dhaka, BGD, 1000
Website
https://www.barakapower.com
Baraka Power Ltd is a Bangladesh-based company engaged in the business of setting up power plants for the generation and supply of electricity. The company also engaged in Engineering, Procurement, and Construction (EPC) contracts for the implementation of new power projects and has also invested in three additional power plants, a clothing project, and a school project.

Baraka Power (DHA:BARKAPOWER) Headlines

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