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Hidili Industry International Development (FRA:3H3) 6-Month Price Index : 1.00 (As of May. 31, 2024)


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What is Hidili Industry International Development 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 (2024-05-31), Hidili Industry International Development's 6-Month Price Index is 1.00.

Competitive Comparison of Hidili Industry International Development's 6-Month Price Index

For the Thermal Coal subindustry, Hidili Industry International Development'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.

Hidili Industry International Development  (FRA:3H3) 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.

Hidili Industry International Development  (FRA:3H3) 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.

Hidili Industry International Development 6-Month Price Index Related Terms

Thank you for viewing the detailed overview of Hidili Industry International Development's 6-Month Price Index provided by GuruFocus.com. Please click on the following links to see related term pages.

Hidili Industry International Development (FRA:3H3) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Hidili Industry International Development Ltd (FRA:3H3) » Definitions » 6-Month Price Index
Comparable Companies
HKSE:00866 HKSE:01303 HKSE:01878 HKSE:00702 HKSE:01738 HKSE:00065 HKSE:08203 HKSE:01229 HKSE:08250 HKSE:00645 SHSE:601088 ISX:BYAN BOM:512599 SHSE:601225 NSE:COALINDIA SHSE:600188 SHSE:601898 SHSE:601699 SZSE:000983 SHSE:600925
Traded in Other Exchanges
01393:Hong Kong
Address
No. 185 Renmin Road, 16th Floor, Dingli Mansion, Sichuan Province, Panzhihua, CHN, 617000
Website
http://www.hidili.com.cn
Hidili Industry International Development Ltd is an investment holding company engaged in the coal mining, manufacture, and sale of raw coal and clean coal. It derives revenue from the production and sales of Clean coal and its by-products such as Raw coal, High-ash thermal coal, and others. All of the group's turnover is derived from the operation in the PRC.

Hidili Industry International Development (FRA:3H3) Headlines

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