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Orient Telecoms (LSE:ORNT) 6-Month Price Index : 1.00 (As of Jun. 09, 2024)


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What is Orient Telecoms 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 (2024-06-09), Orient Telecoms's 6-Month Price Index is 1.00.

Competitive Comparison of Orient Telecoms's 6-Month Price Index

For the Telecom Services subindustry, Orient Telecoms'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.

Orient Telecoms  (LSE:ORNT) 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.

Orient Telecoms  (LSE:ORNT) 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.

Orient Telecoms 6-Month Price Index Related Terms

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

Orient Telecoms (LSE:ORNT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Orient Telecoms PLC (LSE:ORNT) » Definitions » 6-Month Price Index
Comparable Companies
WAR:SFN WAR:VRB TSXV:GOK ASX:NOR BSP:BLUT3 BUD:NORDTELEKOM NSE:UNIINFO TSXV:ADYA XCNQ:UPCO XPAR:MLWEA
Traded in Other Exchanges
N/A
Address
Jalan Stesen Sentral 5, Suite 2B-25-1, 25th Floor, Plaza Sentral, Block 2B, Kuala Lumpur, SGR, MYS, 50470
Website
https://www.orient-telecoms.com
Orient Telecoms PLC is a company that provides telecommunication services using the network infrastructure owned by other network operators to enable cost-effective and rapid connectivity to large bandwidth consumers initially in Malaysia and subsequently within other Southeast Asian countries. It operates in a highly competitive and saturated market as the company is not involved in building its own network infrastructure which would require significant capital expenditure.

Orient Telecoms (LSE:ORNT) Headlines

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