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Khan Brothers PP Woven Bag Industries (DHA:KBPPWBIL) 6-Month Price Index : 2.94 (As of May. 18, 2024)


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What is Khan Brothers PP Woven Bag Industries 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 (2024-05-18), Khan Brothers PP Woven Bag Industries's 6-Month Price Index is 2.94.


Competitive Comparison of Khan Brothers PP Woven Bag Industries's 6-Month Price Index

For the Packaging & Containers subindustry, Khan Brothers PP Woven Bag Industries'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.


Khan Brothers PP Woven Bag Industries  (DHA:KBPPWBIL) 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.


Khan Brothers PP Woven Bag Industries  (DHA:KBPPWBIL) 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.


Khan Brothers PP Woven Bag Industries 6-Month Price Index Related Terms

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Khan Brothers PP Woven Bag Industries (DHA:KBPPWBIL) Business Description

Traded in Other Exchanges
N/A
Address
15 DIT Road, KBG Tower, Malibagh Chowdhurypara, Dhaka, BGD, 1219
Khan Brothers PP Woven Bag Industries Ltd is manufacturers polypropylene (PP) woven bags. The company procure polypropylene yarn high-density polyethylene (HDPE), low-density polyethylene (LDPE), linear low-density polyethylene (LLDPE), calcium carbonate, printing ink, masterbatch from both overseas and local market to produce PP woven cloth/PP cloth laminated craft paper bags for cement, fertiliser, food grains, animal feeds, fish feeds, spinning, and others.

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