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Launch Tech Co (HKSE:02488) 6-Month Price Index : 1.90 (As of May. 04, 2025)


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What is Launch Tech 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 (2025-05-04), Launch Tech Co's 6-Month Price Index is 1.90.

Competitive Comparison of Launch Tech Co's 6-Month Price Index

For the Auto Parts subindustry, Launch Tech 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.

Launch Tech Co  (HKSE:02488) 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.

Launch Tech Co  (HKSE:02488) 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.

Launch Tech Co 6-Month Price Index Related Terms

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

Launch Tech Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Launch Tech Co Ltd (HKSE:02488) » Definitions » 6-Month Price Index
Comparable Companies
HKSE:01809 HKSE:02531 HKSE:01274 HKSE:01571 HKSE:01899 HKSE:02025 HKSE:00819 HKSE:00951 HKSE:01760 HKSE:00305 ORLY AZO TSE:6902 TSE:5108 XPAR:ML SHSE:600660 GPC XTER:CON XKRX:012330 XTER:KBX
Traded in Other Exchanges
LAN:Germany
Address
Launch Industrial Park, North of Wuhe Road, Banxuegang, Longgang District, Shenzhen, CHN, 518129
Website
https://www.cnlaunch.com
Launch Tech Co Ltd principally engages in the provision of products and services serving the automotive aftermarket and the automobile industry mainly in the People's Republic of China and certain overseas countries. The company operates its business through three reportable segments. The Automotive Diagnosis segment generates the majority of the earnings for the company. It is involved in the research and development, production and sales of automotive diagnostic and inspection products. The Europe Overseas Sales segment covers development and maintenance of European distributors and customers. The U.S. Overseas Sales segment covers development and maintenance of distributors and customers in the Americas.
Executives
Huatai Securities Co., Ltd. 2201 Interest of corporation controlled by you
Cao Guanye 2101 Beneficial owner

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