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Zhuzhou CRRC Times Electric Co (STU:ZTX) 6-Month Price Index : 1.27 (As of May. 24, 2024)


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What is Zhuzhou CRRC Times Electric 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 (2024-05-24), Zhuzhou CRRC Times Electric Co's 6-Month Price Index is 1.27.


Competitive Comparison of Zhuzhou CRRC Times Electric Co's 6-Month Price Index

For the Railroads subindustry, Zhuzhou CRRC Times Electric 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.


Zhuzhou CRRC Times Electric Co  (STU:ZTX) 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.


Zhuzhou CRRC Times Electric Co  (STU:ZTX) 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.


Zhuzhou CRRC Times Electric Co 6-Month Price Index Related Terms

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Zhuzhou CRRC Times Electric Co (STU:ZTX) Business Description

Traded in Other Exchanges
Address
No. 169 Times Road, Shifeng District, Hunan Province, Zhuzhou, CHN, 412001
Zhuzhou CRRC Times Electric Co Ltd is a China-based company mainly engaged in the research and development (R&D), design, manufacturing and sales of rail transit equipment products. The Company is also engaged in R&D, design, manufacturing and sales of emerging equipment. The rail transit equipment business mainly includes rail transit electrical equipment, such as traction converter system, information and intelligent system products, power supply system and test equipment, and rail engineering machinery and communication signal system. semiconductor devices, industrial converter products, electric drive systems of new energy vehicles, sensor devices and marine engineering equipment. The Company operates in the domestic market and overseas markets.

Zhuzhou CRRC Times Electric Co (STU:ZTX) Headlines

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