GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Inner Mongolia Chevalese Dairy Group Co Ltd (BJSE:832786) » Definitions » 6-Month Price Index

Inner Mongolia Chevalese Dairy Group Co (BJSE:832786) 6-Month Price Index : 0.79 (As of Jun. 04, 2024)


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What is Inner Mongolia Chevalese Dairy Group 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 (2024-06-04), Inner Mongolia Chevalese Dairy Group Co's 6-Month Price Index is 0.79.

Competitive Comparison of Inner Mongolia Chevalese Dairy Group Co's 6-Month Price Index

For the Packaged Foods subindustry, Inner Mongolia Chevalese Dairy Group 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.

Inner Mongolia Chevalese Dairy Group Co  (BJSE:832786) 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.

Inner Mongolia Chevalese Dairy Group Co  (BJSE:832786) 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.

Inner Mongolia Chevalese Dairy Group Co 6-Month Price Index Related Terms

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Inner Mongolia Chevalese Dairy Group Co (BJSE:832786) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Inner Mongolia Chevalese Dairy Group Co Ltd (BJSE:832786) » Definitions » 6-Month Price Index
Comparable Companies
BJSE:833429 BJSE:831726 BJSE:832419 BJSE:839371 BJSE:836826 SZSE:200992 BJSE:838275 SZSE:002086 SZSE:300268 SHSE:603536 XSWX:NESN KHC XPAR:BN GIS SHSE:603288 NSE:NESTLEIND SZSE:300999 SHSE:600887 TSE:2802 LSE:ABF
Traded in Other Exchanges
N/A
Address
No. 1 Jianhua South Road, Floor 22, Building B, Building 2, Tianfu Plaza, Jiuyuan, Inner Mongolia Autonomous Region, Baotou, CHN, 014060
Website
http://www.qishiruye.com
Inner Mongolia Chevalese Dairy Group Co Ltd is engaged in corn and sugar beet cultivation, intensive dairy farming and organic raw milk supply and marketing, production and sales of dairy products and milk-containing beverages, and production and sales of white sugar and its by-products.

Inner Mongolia Chevalese Dairy Group Co (BJSE:832786) Headlines

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