GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » China TMK Battery Systems Inc (OTCPK:DFEL) » Definitions » 6-Month Price Index

China TMK Battery Systems (China TMK Battery Systems) 6-Month Price Index : 0.75 (As of May. 27, 2024)


View and export this data going back to 2007. Start your Free Trial

What is China TMK Battery Systems 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 (2024-05-27), China TMK Battery Systems's 6-Month Price Index is 0.75.


Competitive Comparison of China TMK Battery Systems's 6-Month Price Index

For the Electrical Equipment & Parts subindustry, China TMK Battery Systems'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 TMK Battery Systems  (OTCPK:DFEL) 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 TMK Battery Systems  (OTCPK:DFEL) 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 TMK Battery Systems 6-Month Price Index Related Terms

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


China TMK Battery Systems (China TMK Battery Systems) Business Description

Traded in Other Exchanges
N/A
Address
Fuhua Road, Room 2406, East Block, Great China International Exchange Square, Futian District, Shenzhen, CHN, 7390
China TMK Battery Systems Inc is a United States is based on the research and development, manufacturing, sales and service of core products in the new energy industry. The company has newly established a number of wholly-owned subsidiaries in mainland China, which are distributed in the centralized rapid charging for new energy vehicles, lithium batteries, new materials, artificial intelligence basic software equipment, Internet and other.

China TMK Battery Systems (China TMK Battery Systems) Headlines

No Headlines