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China Shanshui Cement Group (China Shanshui Cement Group) 6-Month Price Index : 1.00 (As of Jun. 10, 2024)


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What is China Shanshui Cement Group 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 (2024-06-10), China Shanshui Cement Group's 6-Month Price Index is 1.00.


Competitive Comparison of China Shanshui Cement Group's 6-Month Price Index

For the Building Materials subindustry, China Shanshui Cement Group'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.


China Shanshui Cement Group  (OTCPK:CSCGY) 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.


China Shanshui Cement Group  (OTCPK:CSCGY) 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.


China Shanshui Cement Group 6-Month Price Index Related Terms

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China Shanshui Cement Group (China Shanshui Cement Group) Business Description

Traded in Other Exchanges
Address
Shanshui Industrial Park, Gushan Town, Changqing District, Shandong, Jinan, CHN, 250307
China Shanshui Cement Group Ltd is a cement producer in China. The company manufactures and sells cement, clinker, and concrete in several provinces of China. Its geographic segments include Shandong Province which contributes to the majority of revenue and several other provinces of China that include Northeastern China, Shanxi Province, and Xinjiang Region. Its products are used for national key projects, railways, highways, airports, real estates and other infrastructure construction and exported to more than 60 countries and other international markets.

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