GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Hengdeli Holdings Ltd (OTCPK:HENGY) » Definitions » 6-Month Price Index

Hengdeli Holdings (Hengdeli Holdings) 6-Month Price Index : 1.00 (As of May. 06, 2024)


View and export this data going back to 2011. Start your Free Trial

What is Hengdeli 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 (2024-05-06), Hengdeli Holdings's 6-Month Price Index is 1.00.

Competitive Comparison of Hengdeli Holdings's 6-Month Price Index

For the Conglomerates subindustry, Hengdeli 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.

Hengdeli Holdings  (OTCPK:HENGY) 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.

Hengdeli Holdings  (OTCPK:HENGY) 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.

Hengdeli Holdings 6-Month Price Index Related Terms

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

Hengdeli Holdings (Hengdeli Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Hengdeli Holdings Ltd (OTCPK:HENGY) » Definitions » 6-Month Price Index
Comparable Companies
HKSE:01468 HKSE:02327 HKSE:01222 HKSE:00202 HKSE:00800 HKSE:00138 HKSE:01094 HKSE:00132 HKSE:01063 HKSE:02700 ADX:IHC HON TSE:8058 TSE:6501 TSE:8031 TSE:8001 MMM ADX:ALPHADHABI TSE:8053 TSE:8002
Traded in Other Exchanges
03389:Hong Kong XYUA:Germany
Address
28 Canton Road, Room 301, 3rd Floor, Lippo Sun Plaza, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
Website
http://www.hengdeligroup.com
Hengdeli Holdings Ltd is primarily engaged in the retail and trading of watches and jewellery with comprehensive related customer services and maintenance, manufacturing of watch accessories, provision of shop design and decoration service, and trading of iron ore. The operating segments of the group are High-end consuming accessories; Watches retail and trading and Commodity trading. It has a business presence mainly in Mainland China, Hong Kong, Taiwan, and Malaysia.

Hengdeli Holdings (Hengdeli Holdings) Headlines

From GuruFocus

David Herro Comments on Hengdeli Holdings

By Holly LaFon Holly LaFon • 04-08-2014

Hengdeli narrowed its loss by 91.3% in 1H2023

By ACN Newswire • 08-27-2023