Mayer Holdings (HKSE:01116) 6-Month Price Index : 1.00 (As of May. 18, 2024)

View and export this data going back to 2004. Start your Free Trial

What is Mayer 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 (2024-05-18), Mayer Holdings's 6-Month Price Index is 1.00.

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

For the Steel subindustry, Mayer 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.

Mayer Holdings (HKSE:01116) 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.

Mayer Holdings (HKSE:01116) 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.

Mayer Holdings 6-Month Price Index Related Terms

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

Mayer Holdings (HKSE:01116) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Mayer Holdings Ltd (HKSE:01116) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 88 Lockhart Road, 21st Floor, Wanchai, Hong Kong, HKG

Website

http://www.mayer.com.hk

Mayer Holdings Ltd is engaged in the processing, manufacturing and selling of steel sheets, steel pipes and other steel products in the PRC, and urban renewal project planning and consulting in the PRC. Its segment include Steel-PRC and Service-PRC. It derives majority of the revenue from Steel - PRC segment that derives its revenue from the manufacture and trading of steel pipes, steel sheets and other steel products. These products are manufactured in the group's manufacturing facilities located in the PRC.

Mayer Holdings (HKSE:01116) Headlines

No Headlines