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COSCO SHIPPING International (Hong Kong) Co (HKSE:00517) 6-Month Price Index : 1.38 (As of May. 22, 2024)


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What is COSCO SHIPPING International (Hong Kong) 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 (2024-05-22), COSCO SHIPPING International (Hong Kong) Co's 6-Month Price Index is 1.38.

Competitive Comparison of COSCO SHIPPING International (Hong Kong) Co's 6-Month Price Index

For the Marine Shipping subindustry, COSCO SHIPPING International (Hong Kong) 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.

COSCO SHIPPING International (Hong Kong) Co  (HKSE:00517) 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.

COSCO SHIPPING International (Hong Kong) Co  (HKSE:00517) 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.

COSCO SHIPPING International (Hong Kong) Co 6-Month Price Index Related Terms

Thank you for viewing the detailed overview of COSCO SHIPPING International (Hong Kong) Co's 6-Month Price Index provided by GuruFocus.com. Please click on the following links to see related term pages.

COSCO SHIPPING International (Hong Kong) Co (HKSE:00517) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » COSCO SHIPPING International (Hong Kong) Co Ltd (HKSE:00517) » Definitions » 6-Month Price Index
Comparable Companies
HKSE:03382 HKSE:01748 HKSE:02409 HKSE:01719 HKSE:06117 HKSE:00560 HKSE:00351 HKSE:00137 HKSE:06119 HKSE:03683 BOM:532921 XTER:HLAG HKSE:01919 OCSE:MAERSK B SHSE:600018 TSE:9101 TPE:2603 PHS:ICT TSE:9104 SHSE:601018
Traded in Other Exchanges
CHDGF:USA CSB:Germany
Address
183 Queen's Road Central, 47th Floor, COSCO Tower, Hong Kong, HKG
Website
https://hk.coscoshipping.com
COSCO SHIPPING International (Hong Kong) Co Ltd is a Hong Kong-based company engaged in services relating to shipbuilding, ship trading, and chartering for the fleet. It carries its operations in six segments including Coatings, Marine equipment and spare parts, Ship trading agency, Insurance brokerage, Marine fuel and other products, and General trading. The majority of its revenue comes from the sale of Marine equipment and spare parts. The company has a business network in Mainland China, Hong Kong, Singapore, Japan, Germany, and the USA, among other countries.

COSCO SHIPPING International (Hong Kong) Co (HKSE:00517) Headlines

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