GURUFOCUS.COM » STOCK LIST » Industrials » Construction » China National Chemical Engineering Co Ltd (SHSE:601117) » Definitions » 6-Month Price Index

China National Chemical Engineering Co (SHSE:601117) 6-Month Price Index : 1.13 (As of May. 21, 2024)


View and export this data going back to 2010. Start your Free Trial

What is China National Chemical Engineering 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 (2024-05-21), China National Chemical Engineering Co's 6-Month Price Index is 1.13.

Competitive Comparison of China National Chemical Engineering Co's 6-Month Price Index

For the Engineering & Construction subindustry, China National Chemical Engineering 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 National Chemical Engineering Co  (SHSE:601117) 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 National Chemical Engineering Co  (SHSE:601117) 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 National Chemical Engineering Co 6-Month Price Index Related Terms

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

China National Chemical Engineering Co (SHSE:601117) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » China National Chemical Engineering Co Ltd (SHSE:601117) » Definitions » 6-Month Price Index
Comparable Companies
SHSE:600970 SHSE:600170 SHSE:601611 SZSE:002060 SHSE:600528 SHSE:600039 SHSE:600820 SHSE:601618 SHSE:600248 SZSE:002761 XPAR:DG NSE:LT SHSE:601668 PWR SHSE:601390 J TSX:WSP HKSE:01800 SHSE:601186 XKRX:028260
Traded in Other Exchanges
N/A
Address
2nd Avenue, Dongzhimen, Dongcheng District, Beijing, CHN, 100007
Website
http://www.cncec.com.cn
China National Chemical Engineering Co Ltd engages in the general contracting of construction and infrastructure projects in the fields of chemical, petrochemical, pharmaceutical, power, and coal industries in China and internationally. It provides services, such as project consulting, prospecting, design, construction, project management environmental treatment, and technology research and development and its industrialization, as well as the installation of pipelines, circuits, and equipment.

China National Chemical Engineering Co (SHSE:601117) Headlines

No Headlines