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Chu Kong Shipping Enterprises (Group) Co (HKSE:00560) 6-Month Price Index : 1.03 (As of May. 18, 2024)


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What is Chu Kong Shipping Enterprises (Group) 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 (2024-05-18), Chu Kong Shipping Enterprises (Group) Co's 6-Month Price Index is 1.03.


Competitive Comparison of Chu Kong Shipping Enterprises (Group) Co's 6-Month Price Index

For the Marine Shipping subindustry, Chu Kong Shipping Enterprises (Group) 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.


Chu Kong Shipping Enterprises (Group) Co  (HKSE:00560) 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.


Chu Kong Shipping Enterprises (Group) Co  (HKSE:00560) 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.


Chu Kong Shipping Enterprises (Group) Co 6-Month Price Index Related Terms

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Chu Kong Shipping Enterprises (Group) Co (HKSE:00560) Business Description

Traded in Other Exchanges
N/A
Address
143 Connaught Road, 24th Floor, Chu Kong Shipping Tower, Central, Hong Kong, HKG
Chu Kong Shipping Enterprises (Group) Co Ltd is an investment holding company, focusing mainly on terminal navigation logistics, high-speed waterway passenger transportation, and fuel supply business. The operating segments of the group are Cargo transportation; Cargo handling and storage; Passenger transportation; Fuel supply; and Corporate and other businesses. It derives key revenue from the Cargo transportation segment which consists of shipping agency, river trade cargo direct shipment and transhipment and container handling and trucking. The group's revenue is derived from operations carried out in Mainland China and Hong Kong.

Chu Kong Shipping Enterprises (Group) Co (HKSE:00560) Headlines

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