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China Kangda Food Co (HKSE:00834) 6-Month Price Index : 1.08 (As of May. 19, 2024)


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What is China Kangda Food 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 (2024-05-19), China Kangda Food Co's 6-Month Price Index is 1.08.

Competitive Comparison of China Kangda Food Co's 6-Month Price Index

For the Packaged Foods subindustry, China Kangda Food 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.

China Kangda Food Co  (HKSE:00834) 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 Kangda Food Co  (HKSE:00834) 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 Kangda Food Co 6-Month Price Index Related Terms

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China Kangda Food Co (HKSE:00834) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » China Kangda Food Co Ltd (HKSE:00834) » Definitions » 6-Month Price Index
Comparable Companies
HKSE:00948 HKSE:03889 HKSE:08362 HKSE:08179 HKSE:01695 HKSE:08609 HKSE:08241 HKSE:00841 HKSE:01340 HKSE:00932 XSWX:NESN KHC XPAR:BN GIS SHSE:603288 NSE:NESTLEIND SHSE:600887 LSE:ABF SZSE:300999 BIMBOA
Traded in Other Exchanges
P74:Singapore
Address
No. 8399, Binhai Boulevard, Huangdao District, Shandong Province, Qingdao City, CHN
Website
http://www.kangdafood.com
China Kangda Food Co Ltd is a diversified food manufacturing and processing group based in China. Its operating segments are the production and sale of processed food products, chilled and frozen rabbit meat, chilled and frozen chicken meat, and other products comprising chicken and rabbit meat by-products and pet food products. The key revenue is generated from the processed food products business. Geographically, the company operates in Japan, Europe, the People's Republic of China, and others. It generates a majority of its revenue from PRC.

China Kangda Food Co (HKSE:00834) Headlines

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