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Tianjin Port Development Holdings (Tianjin Port Development Holdings) 6-Month Price Index : 1.00 (As of Jun. 12, 2024)


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What is Tianjin Port Development Holdings 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 (2024-06-12), Tianjin Port Development Holdings's 6-Month Price Index is 1.00.


Competitive Comparison of Tianjin Port Development Holdings's 6-Month Price Index

For the Marine Shipping subindustry, Tianjin Port Development Holdings'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.


Tianjin Port Development Holdings  (OTCPK:TJIPF) 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.


Tianjin Port Development Holdings  (OTCPK:TJIPF) 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.


Tianjin Port Development Holdings 6-Month Price Index Related Terms

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Tianjin Port Development Holdings (Tianjin Port Development Holdings) Business Description

Traded in Other Exchanges
Address
Times Square, 1 Matheson Street, Suite 3904-3907, 39th Floor, Tower Two, Causeway Bay, Hong Kong, HKG
Tianjin Port Development Holdings Ltd is a transportation and logistics company that operates the Tianjin Port in the People's Republic of China. The company organizes itself into three segments: non-containerised and container cargo handling, sales, and other port ancillary services. The cargo handling segment, which generates the majority of revenue, handles both container and non-container cargo. Sales, the next most significant segment, sells fuel and other supplies and materials. Other port ancillary services include tugboat services, agency services, tallying, and other services.

Tianjin Port Development Holdings (Tianjin Port Development Holdings) Headlines

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