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Maharah Human Resources Co (SAU:1831) 6-Month Price Index : 0.87 (As of Jun. 10, 2024)


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What is Maharah Human Resources Co 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 (2024-06-10), Maharah Human Resources Co's 6-Month Price Index is 0.87.


Competitive Comparison of Maharah Human Resources Co's 6-Month Price Index

For the Staffing & Employment Services subindustry, Maharah Human Resources Co'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.


Maharah Human Resources Co  (SAU:1831) 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.


Maharah Human Resources Co  (SAU:1831) 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.


Maharah Human Resources Co 6-Month Price Index Related Terms

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Maharah Human Resources Co (SAU:1831) Business Description

Traded in Other Exchanges
N/A
Address
Al Olaya Road, Al Yasmin District, Riyadh, SAU, 13325
Maharah Human Resources Co is a Saudi Arabia based company. The company is engaged in providing recruitment services for the public and private sectors. Its operating segment includes Corporate and Individual. The company generates maximum revenue from the Corporate segment. Geographically, it derives a majority of revenue from KSA and also has a presence in UAE. It serves individuals, industrial and operation, retail, hospitality, healthcare, and commercial sectors.

Maharah Human Resources Co (SAU:1831) Headlines

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