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Shengjing Bank Co (HKSE:02066) 6-Month Price Index : 0.56 (As of May. 26, 2024)


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What is Shengjing Bank 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 (2024-05-26), Shengjing Bank Co's 6-Month Price Index is 0.56.


Competitive Comparison of Shengjing Bank Co's 6-Month Price Index

For the Banks - Regional subindustry, Shengjing Bank 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.


Shengjing Bank Co  (HKSE:02066) 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.


Shengjing Bank Co  (HKSE:02066) 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.


Shengjing Bank Co 6-Month Price Index Related Terms

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


Shengjing Bank Co (HKSE:02066) Business Description

Traded in Other Exchanges
Address
No. 109 Beizhan Road, Shenhe District, Liaoning Province, Shenyang, CHN, 110013
Shengjing Bank Co Ltd operates as a commercial bank. The company's services include personal banking, corporate finance services, and financial services. The operating business segments are Corporate Banking, Retail Banking, Treasury Business, and Others. It derives maximum revenue from the Corporate Banking segment which includes the provision of a range of financial products and services to corporations, government agencies, and financial institutions. Its products and services include corporate loans and advances, trade financing and deposit-taking activities, agency services, and remittance and settlement services.
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