GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Suzhou Shihua New Material Technology Co Ltd (SHSE:688093) » Definitions » 6-Month Price Index

Suzhou Shihua New Material Technology Co (SHSE:688093) 6-Month Price Index : 1.33 (As of Oct. 10, 2024)


View and export this data going back to 2020. Start your Free Trial

What is Suzhou Shihua New Material Technology Co 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 (2024-10-10), Suzhou Shihua New Material Technology Co's 6-Month Price Index is 1.33.


Competitive Comparison of Suzhou Shihua New Material Technology Co's 6-Month Price Index

For the Specialty Chemicals subindustry, Suzhou Shihua New Material Technology Co'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.


Suzhou Shihua New Material Technology Co  (SHSE:688093) 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.


Suzhou Shihua New Material Technology Co  (SHSE:688093) 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.


Suzhou Shihua New Material Technology Co 6-Month Price Index Related Terms

Thank you for viewing the detailed overview of Suzhou Shihua New Material Technology Co's 6-Month Price Index provided by GuruFocus.com. Please click on the following links to see related term pages.


Suzhou Shihua New Material Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 168, Daguang Road, Wujiang Economic and Technological Development Zone, Jiangsu Province, Suzhou, CHN, 215200
Suzhou Shihua New Material Technology Co Ltd is engaged in design, development, and manufacturing of functional materials. The copany's products are categorized under Precision Process Material, Multiple Function Material, and Display Module Material. Its products are widely used in consumer electronics, smart wearable devices, new energy vehicles, medical electronics, and other fields, providing customers with a complete application solution.
Executives
Gao Jun senior management

Suzhou Shihua New Material Technology Co Headlines

No Headlines