GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Luxchem Corp Bhd (XKLS:5143) » Definitions » 6-Month Price Index

Luxchem Bhd (XKLS:5143) 6-Month Price Index : 0.84 (As of Oct. 31, 2024)


View and export this data going back to 2008. Start your Free Trial

What is Luxchem Bhd 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 (2024-10-31), Luxchem Bhd's 6-Month Price Index is 0.84.


Competitive Comparison of Luxchem Bhd's 6-Month Price Index

For the Chemicals subindustry, Luxchem Bhd'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.


Luxchem Bhd  (XKLS:5143) 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.


Luxchem Bhd  (XKLS:5143) 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.


Luxchem Bhd 6-Month Price Index Related Terms

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


Luxchem Bhd Business Description

Traded in Other Exchanges
N/A
Address
Jaya One 72A, Seksyen 13, Jalan Prof Diraja Ungku Aziz, Wisma Luxchem, Block N, Petaling Jaya, SGR, MYS, 46200
Luxchem Corp Bhd is a Malaysia based company engaged in the import, export, and distribution of petrochemical and other related products. It operates through two reportable segments namely Trading and Manufacturing. The Trading segment comprises of import, export, and distribution of petrochemical and other related products. The Manufacturing segment engages in the manufacturing and trading of unsaturated polyester resin and related products, and the manufacturing and trading of latex chemical dispersions, latex processing chemicals, and related products for the latex industry. Geographically, the firm has its presence across the region of Malaysia, Vietnam, Indonesia, Thailand, Singapore, Bangladesh, and Australia.

Luxchem Bhd Headlines

No Headlines