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China Literature (FRA:C2X) 6-Month Price Index : 0.93 (As of May. 25, 2024)


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What is China Literature 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 (2024-05-25), China Literature's 6-Month Price Index is 0.93.

Competitive Comparison of China Literature's 6-Month Price Index

For the Internet Content & Information subindustry, China Literature'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 Literature  (FRA:C2X) 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 Literature  (FRA:C2X) 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 Literature 6-Month Price Index Related Terms

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

China Literature (FRA:C2X) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » China Literature Ltd (FRA:C2X) » Definitions » 6-Month Price Index
Comparable Companies
HKSE:02518 HKSE:09898 HKSE:09899 HKSE:01357 HKSE:01896 HKSE:02390 HKSE:03700 HKSE:02008 HKSE:00150 HKSE:00543 GOOGL META HKSE:00700 XAMS:PRX BIDU SPOT DASH JSE:NPN HKSE:01024 XKRX:035420
Traded in Other Exchanges
CHLLF:USA 00772:Hong Kong C2X:Germany
Address
No. 5169 Binjiang Avenue, N3 Lujiazui Binjiang Center, Pudong New Area, Shanghai, CHN, 200135
Website
https://ir.yuewen.com
China Literature Ltd is an investment holding company. The company along with its subsidiaries provides online reading services, copyright commercialization, writer cultivation and brokerage, and operation of text work reading. It generates its revenue from Online reading through self-owned platform products. it operates in two segments: Online business and Intellectual property operations and others. The Online business segment that derives the majority of revenue comprises online paid reading, online advertising, and game publishing. The Intellectual property operations and others segment includes licensing and distribution of film and television properties, copyrights licensing, sales of adaptation rights and scripts, sales of physical books, in-house online games operations.

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