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

HENGY (Hengdeli Holdings) 6-Month Price Index : 0.83 (As of Dec. 12, 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 (2024-12-12), Hengdeli Holdings's 6-Month Price Index is 0.83.


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 Business Description

Traded in Other Exchanges
Address
28 Canton Road, Room 301, 3rd Floor, Lippo Sun Plaza, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
Hengdeli Holdings Ltd is predominantly focused on the manufacturing of high-end consuming accessories, the construction of high-end consuming service platforms, international commodity trading, and its related supply chain services. The operating segments of the company are; High-end consuming accessories which is engaged in the manufacturing of watch accessories, and shop design and decoration services business; and the Commodity trading segment which is engaged in the trading of iron ore and coal. Geographically, the company generates a majority of its revenue from Mainland China and the rest from Hong Kong.

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