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Tingyi (Cayman Islands) Holding (Tingyi (Cayman Islands) Holding) 6-Month Price Index : 0.93 (As of Apr. 28, 2024)


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What is Tingyi (Cayman Islands) Holding 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 (2024-04-28), Tingyi (Cayman Islands) Holding's 6-Month Price Index is 0.93.


Competitive Comparison of Tingyi (Cayman Islands) Holding's 6-Month Price Index

For the Packaged Foods subindustry, Tingyi (Cayman Islands) Holding'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.


Tingyi (Cayman Islands) Holding  (OTCPK:TCYMF) 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.


Tingyi (Cayman Islands) Holding  (OTCPK:TCYMF) 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.


Tingyi (Cayman Islands) Holding 6-Month Price Index Related Terms

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Tingyi (Cayman Islands) Holding (Tingyi (Cayman Islands) Holding) Business Description

Address
No. 1688, Wuzhong Road, Building A, Minhang District, Shanghai, CHN, 201103
Tingyi is a leading producer of instant noodles and RTD beverages in China, with its Master Kong brand being the most widely known. The company commenced its instant noodle business in the country in 1992 and expanded into beverages in 1996. In March 2012, Tingyi formed a strategic alliance with PepsiCo and became the exclusive manufacturer and distributor of Pepsi's nonalcoholic drinks in China.

Tingyi (Cayman Islands) Holding (Tingyi (Cayman Islands) Holding) Headlines

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