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Fosun International (HKSE:00656) 6-Month Price Index : 0.99 (As of Apr. 29, 2024)


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What is Fosun International 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 (2024-04-29), Fosun International's 6-Month Price Index is 0.99.

Competitive Comparison of Fosun International's 6-Month Price Index

For the Conglomerates subindustry, Fosun International'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.

Fosun International  (HKSE:00656) 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.

Fosun International  (HKSE:00656) 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.

Fosun International 6-Month Price Index Related Terms

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

Fosun International (HKSE:00656) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Fosun International Ltd (HKSE:00656) » Definitions » 6-Month Price Index
Comparable Companies
HKSE:00392 HKSE:00053 HKSE:00148 HKSE:00363 HKSE:00861 HKSE:02322 HKSE:00882 HKSE:00025 HKSE:00474 HKSE:00202 ADX:IHC HON TSE:8058 TSE:6501 TSE:8031 TSE:8001 MMM ADX:ALPHADHABI TSE:8053 TSE:8002
Traded in Other Exchanges
FOSUY:USA FOSUF:USA FNI:Germany FNI:Germany
Address
3 Garden Road, Room 808, Industrial and Commercial Bank of China Building, Central, Hong Kong, HKG
Website
https://www.fosun.com
Fosun International Ltd is an investment holding company. The company's operating segments include Health; Happiness; Insurance; Asset Management and Intelligent Manufacturing. It generates maximum revenue from the Happiness segment. The Wealth Segment includes two major sub-segments: Insurance and Asset Management. The Happiness segment comprises principally the operation and investments in tourism and leisure, fashion consumer, and lifestyle industries. Geographically, it derives a majority of its revenue from the Chinese Mainland.

Fosun International (HKSE:00656) Headlines

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