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Soon Lian Holdings (SGX:5MD) 6-Month Price Index : 0.95 (As of Jun. 04, 2024)


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What is Soon Lian Holdings 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 (2024-06-04), Soon Lian Holdings's 6-Month Price Index is 0.95.


Competitive Comparison of Soon Lian Holdings's 6-Month Price Index

For the Aluminum subindustry, Soon Lian Holdings'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.


Soon Lian Holdings  (SGX:5MD) 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.


Soon Lian Holdings  (SGX:5MD) 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.


Soon Lian Holdings 6-Month Price Index Related Terms

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Soon Lian Holdings (SGX:5MD) Business Description

Traded in Other Exchanges
N/A
Address
6 Tuas Lane, Singapore, SGP, 638615
Soon Lian Holdings Ltd acts as a specialist supplier of aluminum alloy products. The business divisions of the company include Marine, Precision Engineering, Stockists & traders, and Others customers. The Marine division includes products used in shipbuilding - hulls, decks, superstructures, and cabins of light crafts. The Precision Engineering division includes precision parts for electronic equipment, precision instruments, medical instrumentation, automated assembly lines, pharmaceutical machinery, and robotics. Stockists segment and other customer divisions include high-strength items in aircraft industries, oil tankers, automotive parts, and towers. Its geographical segments are Singapore, Malaysia, China, Taiwan, Indonesia, and other countries.

Soon Lian Holdings (SGX:5MD) Headlines

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