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Zhejiang Shibao Co (HKSE:01057) 6-Month Price Index : 1.12 (As of Sep. 26, 2024)


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What is Zhejiang Shibao Co 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 (2024-09-26), Zhejiang Shibao Co's 6-Month Price Index is 1.12.

Competitive Comparison of Zhejiang Shibao Co's 6-Month Price Index

For the Auto Parts subindustry, Zhejiang Shibao Co'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.

Zhejiang Shibao Co  (HKSE:01057) 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.

Zhejiang Shibao Co  (HKSE:01057) 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.

Zhejiang Shibao Co 6-Month Price Index Related Terms

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Zhejiang Shibao Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Zhejiang Shibao Co Ltd (HKSE:01057) » Definitions » 6-Month Price Index
Comparable Companies
SHSE:601279 SHSE:603013 SHSE:603348 SZSE:002434 SZSE:002590 SZSE:300926 SHSE:600151 SZSE:301596 SZSE:002239 SHSE:688326 TSE:6902 TSE:5108 XPAR:ML APTV MBLY GPC SHSE:600660 XKRX:012330 XTER:CON TSX:MG
Traded in Other Exchanges
W4K1:Germany 002703:China
Address
228 Queen’s Road East, Unit C, 5th Floor, Jonsim Place, Wanchai, Hong Kong, HKG
Website
http://www.zjshibao.com
Zhejiang Shibao Co Ltd is into the research and development of automotive steering gear products and is mainly engaged in the development, design, manufacture, and sales of automotive steering gears and other key components and parts of the steering system. It offers power recirculating ball steering gears which are used in light, medium, and heavy-duty trucks and buses, and power rack-and-pinion steering gears and steering knuckles for use in passenger cars. The company derives a majority of its revenue domestically from China.
Executives
Jpmorgan Chase & Co. 2201 Interest of corporation controlled by you
Ubs Group Ag 2201 Interest of corporation controlled by you

Zhejiang Shibao Co Headlines

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