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China Mobile (HKSE:00941) 6-Month Price Index : 1.11 (As of Apr. 30, 2024)


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What is China Mobile 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 (2024-04-30), China Mobile's 6-Month Price Index is 1.11.

Competitive Comparison of China Mobile's 6-Month Price Index

For the Telecom Services subindustry, China Mobile'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 Mobile  (HKSE:00941) 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 Mobile  (HKSE:00941) 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 Mobile 6-Month Price Index Related Terms

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

China Mobile (HKSE:00941) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » China Mobile Ltd (HKSE:00941) » Definitions » 6-Month Price Index
Comparable Companies
SHSE:600050 SHSE:601698 SHSE:603220 SHSE:600640 SZSE:002929 SZSE:002467 SZSE:300025 SZSE:300766 SHSE:600804 SZSE:300560 TMUS VZ CMCSA T XTER:DTE NSE:BHARTIARTL TSE:9432 TSE:9984 HKSE:00728 AMX B
Traded in Other Exchanges
941:Mexico CTM:Germany 600941:China
Address
99 Queen’s Road Central, 60th Floor, The Center, Hong Kong, HKG
Website
https://www.chinamobileltd.com
China Mobile is not only the largest telecom operator in China by the number of mobile subscribers (990 million) but also the largest in the world. It has 60% of the total wireless market in China and 45% of the fixed-line broadband market. The firm is continuing to roll out its 5G network, having launched 5G service in late 2019. It is doing some 5G network sharing with China Broadnet at 700 MHz and also resells its 2G/4G/5G network through China Broadnet. Strong growth is being generated through internet data centers where it has the second-largest network in China and through Cloud Services. The company issued stock on the A-share market in 2022 and completed its first buyback of H-shares.

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