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China Hongqiao Group (HKSE:01378) 6-Month Price Index : 2.10 (As of Jun. 01, 2024)


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What is China Hongqiao Group 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 (2024-06-01), China Hongqiao Group's 6-Month Price Index is 2.10.


Competitive Comparison of China Hongqiao Group's 6-Month Price Index

For the Aluminum subindustry, China Hongqiao Group'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 Hongqiao Group  (HKSE:01378) 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 Hongqiao Group  (HKSE:01378) 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 Hongqiao Group 6-Month Price Index Related Terms

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China Hongqiao Group (HKSE:01378) Business Description

Traded in Other Exchanges
Address
Huixian One Road, Zouping Economic Development District, Shandong Province, Zouping, CHN, 256200
China Hongqiao Group Ltd manufactures and sells aluminum products. Its products include molten aluminum alloy, aluminum alloy ingots, aluminum busbars, aluminum alloy processing products, and alumina products. The company has the manufacturing and sale of aluminum products segment. The company's geographical segments are China, India, Europe, Malaysia, and others, out of which China accounts for the majority of the revenue.
Executives
Citic Group Corporation 2201 Interest of corporation controlled by you
Citic Limited 2201 Interest of corporation controlled by you
Cti Capital Management Limited 2101 Beneficial owner
China Hongqiao Holdings Limited
Shiping Prosperity Private Trust Company
Zhang Bo
Zhang Hongxia
Zhang Yanhong
Zhang Shiping
Zheng Shuliang
Zhong Xin Xin Hui Guo Ji Zi Ben You Xian Gong Si

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