GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Singapore Technologies Engineering Ltd (OTCPK:SGGKY) » Definitions » 6-Month Price Index

Singapore Technologies Engineering (Singapore Technologies Engineering) 6-Month Price Index : 1.08 (As of Apr. 27, 2024)


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

What is Singapore Technologies Engineering 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 (2024-04-27), Singapore Technologies Engineering's 6-Month Price Index is 1.08.


Competitive Comparison of Singapore Technologies Engineering's 6-Month Price Index

For the Aerospace & Defense subindustry, Singapore Technologies Engineering'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.


Singapore Technologies Engineering  (OTCPK:SGGKY) 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.


Singapore Technologies Engineering  (OTCPK:SGGKY) 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.


Singapore Technologies Engineering 6-Month Price Index Related Terms

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


Singapore Technologies Engineering (Singapore Technologies Engineering) Business Description

Traded in Other Exchanges
Address
1 Ang Mo Kio Electronics Park Road, No. 07-01, ST Engineering Hub, Singapore, SGP, 567710
Singapore Technologies Engineering is a Singaporean government-linked commercial and defense engineering group. Its key businesses include aircraft maintenance, repair and overhaul services, in which it is the world's largest independent third-party provider. The company's fastest-growing activities involve applications to smart city solutions where it provides tolling solutions, traffic control systems, command and control dashboards, cybersecurity tools, and other related components. Around two thirds of the company's revenue comes from commercial clients while the remainder is defense.