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Dominant Enterprise Bhd (XKLS:7169) 6-Month Price Index : 1.12 (As of Jun. 06, 2024)


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What is Dominant Enterprise 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 (2024-06-06), Dominant Enterprise Bhd's 6-Month Price Index is 1.12.

Competitive Comparison of Dominant Enterprise Bhd's 6-Month Price Index

For the Lumber & Wood Production subindustry, Dominant Enterprise 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.

Dominant Enterprise Bhd  (XKLS:7169) 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.

Dominant Enterprise Bhd  (XKLS:7169) 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.

Dominant Enterprise Bhd 6-Month Price Index Related Terms

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Dominant Enterprise Bhd (XKLS:7169) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Dominant Enterprise Bhd (XKLS:7169) » Definitions » 6-Month Price Index
Comparable Companies
XKLS:6904 XKLS:5197 XKLS:5576 XKLS:7202 XKLS:5025 XKLS:7188 XKLS:9016 XKLS:0170 XKLS:7123 XKLS:5095 OSTO:SCA A UFPI SSD TSX:WFG TSX:SJ BOM:532548 XLIS:COR TSX:CFP SZSE:002043 BSP:DXCO3
Traded in Other Exchanges
N/A
Address
No. 2, Jalan Gemilang 1, Taman Perindustrian Maju Jaya, Johor Bahru, JHR, MYS, 81300
Website
https://www.dominant.com.my
Dominant Enterprise Bhd is a Malaysia-based company engaged in the business of manufacturing and distribution of engineered wood moldings, investment holding, providing management services, laminated wood panels, and other wood accessories. The company is organized into two business segments: The manufacturing segment comprises of production of laminated wood panel products and primed density fiberboard moldings, wrapped moldings, and furniture components; and the Distribution segment comprises of distribution of wood products and building materials which also contributes as a main part of revenue. It operates mainly in the Malaysian market, while it also has a presence in Australia, Asia, and other countries.

Dominant Enterprise Bhd (XKLS:7169) Headlines

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