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Zhejiang Chang'an Renheng Technology Co (HKSE:08139) 6-Month Price Index : 1.01 (As of May. 02, 2025)


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What is Zhejiang Chang'an Renheng Technology 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 (2025-05-02), Zhejiang Chang'an Renheng Technology Co's 6-Month Price Index is 1.01.


Competitive Comparison of Zhejiang Chang'an Renheng Technology Co's 6-Month Price Index

For the Chemicals subindustry, Zhejiang Chang'an Renheng Technology 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.


Zhejiang Chang'an Renheng Technology Co  (HKSE:08139) 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.


Zhejiang Chang'an Renheng Technology Co  (HKSE:08139) 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.


Zhejiang Chang'an Renheng Technology Co 6-Month Price Index Related Terms

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Zhejiang Chang'an Renheng Technology Co Business Description

Traded in Other Exchanges
N/A
Address
Laoya Tang, Si’an Town, Zhejiang Province, Changxing, CHN
Zhejiang Chang'an Renheng Technology Co Ltd is principally engaged in the business of development, production, and sale of bentonite fine chemicals in China. It uses bentonite as its basic raw material to manufacture paper chemicals, organic bentonite, inorganic gel, bentonite for metallurgy pellets, quality calcium-bentonite, and other products. The majority of its revenue comes from the papermaking chemicals series.
Executives
Zhang Youlian 2101 Beneficial owner
Yu Hua 2101 Beneficial owner

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