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Aowei Holding (HKSE:01370) 6-Month Price Index : 0.83 (As of May. 17, 2024)


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What is Aowei Holding 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 (2024-05-17), Aowei Holding's 6-Month Price Index is 0.83.

Competitive Comparison of Aowei Holding's 6-Month Price Index

For the Steel subindustry, Aowei Holding'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.

Aowei Holding  (HKSE:01370) 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.

Aowei Holding  (HKSE:01370) 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.

Aowei Holding 6-Month Price Index Related Terms

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

Aowei Holding (HKSE:01370) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Aowei Holding Ltd (HKSE:01370) » Definitions » 6-Month Price Index
Comparable Companies
HKSE:00159 HKSE:03788 HKSE:01090 HKSE:00217 HKSE:01116 HKSE:01203 HKSE:02112 HKSE:02738 HKSE:08402 HKSE:01553 NUE XKRX:005490 BOM:500228 TSE:5401 SHSE:600019 XAMS:MT NSE:TATASTEEL STLD RS MIC:CHMF
Traded in Other Exchanges
N/A
Address
No. 91 Guangping Avenue, Laiyuan County, Hebei Province, Baoding, CHN, 074300
Website
http://www.aoweiholding.com
Aowei Holding Ltd is engaged in the exploration, mining, processing, and trading of iron ore products and the provision of hospital management service in the People's Republic of China (PRC). The company owns and operates mines that are located in the Hebei Province, through which it produces iron ore and steel in the PRC. Its major product offering includes iron ores, and iron ore concentrates that are processed at Gufen Mine, Wang'ergou Mine and Shuanmazhuang Mine and preliminary concentrates and iron ores processed at and recovered from Zhijiazhuang Mine. Its segments include Mining segment and Medical segment. The company generates majority of its from Mining segment.

Aowei Holding (HKSE:01370) Headlines

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