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Hong Leong Bank Bhd (XKLS:5819) 6-Month Price Index : 1.01 (As of Jun. 08, 2024)


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What is Hong Leong Bank 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 (2024-06-08), Hong Leong Bank Bhd's 6-Month Price Index is 1.01.

Competitive Comparison of Hong Leong Bank Bhd's 6-Month Price Index

For the Banks - Regional subindustry, Hong Leong Bank 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.

Hong Leong Bank Bhd  (XKLS:5819) 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.

Hong Leong Bank Bhd  (XKLS:5819) 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.

Hong Leong Bank Bhd 6-Month Price Index Related Terms

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

Hong Leong Bank Bhd (XKLS:5819) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Hong Leong Bank Bhd (XKLS:5819) » Definitions » 6-Month Price Index
Comparable Companies
XKLS:1066 XKLS:1023 XKLS:1082 XKLS:1015 XKLS:1171 XKLS:2488 XKLS:5258 XKLS:5185 XKLS:1295 XKLS:1155 CAR:BPV CAR:MVZ.A CAR:BNC NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 ISX:BBCA XPAR:BNP MIC:SBER
Traded in Other Exchanges
N/A
Address
No.6, Jalan Damanlela, Level 30, Menara Hong Leong, Bukit, Damansara, Kuala Lumpur, MYS, 50490
Website
https://www.hlb.com.my
Hong Leong Bank Bhd is based primarily in Malaysia with a regional presence in other Southeast Asian countries, Hong Kong, and mainland China. The bank's strategy emphasizes technology while offering diverse financial products to its Islamic target base. Its services include personal financial services, business, and corporate banking, trade finance, treasury, branch and transaction banking, wealth management, investment banking, and Islamic financial services. A majority of the bank's earning assets are loans, advances, and financing. Net interest income constitutes the bulk of the bank's income generation. Most of its revenue is derived from personal financial services.

Hong Leong Bank Bhd (XKLS:5819) Headlines

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