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Noah Holdings (FRA:6NO) 6-Month Price Index : 1.06 (As of May. 26, 2024)


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What is Noah Holdings 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 (2024-05-26), Noah Holdings's 6-Month Price Index is 1.06.

Competitive Comparison of Noah Holdings's 6-Month Price Index

For the Asset Management subindustry, Noah Holdings'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.

Noah Holdings  (FRA:6NO) 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.

Noah Holdings  (FRA:6NO) 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.

Noah Holdings 6-Month Price Index Related Terms

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

Noah Holdings (FRA:6NO) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Noah Holdings Ltd (FRA:6NO) » Definitions » 6-Month Price Index
Comparable Companies
BCX AC AOD CHI CII MQY RNP MUI SLRC HQH BLK BX OSTO:INVE A TSX:BN KKR APO BK AMP XSWX:PGHN LSE:III
Traded in Other Exchanges
NOAH:USA 06686:Hong Kong
Address
1687 Changyang Road, Changyang Valley, Building 2, Shanghai, CHN, 200090
Website
https://ir.noahgroup.com
Noah Holdings Ltd is a wealth management service provider. It focuses on wealth investment and asset allocation services for high-net-worth individuals and enterprises in China. The company operates through three segments: wealth management, asset management, and other business. Its product offerings consisting of over-the-counter wealth management and OTC asset management products and mutual fund products. The portfolio of the group mostly includes fixed income products, private equity funds and securities investment funds. Majority of the firm revenue is generated through one-time commissions and recurring service fees paid by third-party product providers.

Noah Holdings (FRA:6NO) Headlines

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