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Wealth Glory Holdings (HKSE:08269) 6-Month Price Index : 0.71 (As of Jun. 06, 2024)


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What is Wealth Glory Holdings 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 (2024-06-06), Wealth Glory Holdings's 6-Month Price Index is 0.71.

Competitive Comparison of Wealth Glory Holdings's 6-Month Price Index

For the Conglomerates subindustry, Wealth Glory Holdings'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.

Wealth Glory Holdings  (HKSE:08269) 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.

Wealth Glory Holdings  (HKSE:08269) 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.

Wealth Glory Holdings 6-Month Price Index Related Terms

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Wealth Glory Holdings (HKSE:08269) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Wealth Glory Holdings Ltd (HKSE:08269) » Definitions » 6-Month Price Index
Comparable Companies
HKSE:08149 HKSE:00630 HKSE:00689 HKSE:00663 HKSE:00862 HKSE:02700 HKSE:00132 HKSE:00118 HKSE:00925 HKSE:01063 ADX:IHC HON TSE:8058 TSE:6501 TSE:8031 TSE:8001 MMM ADX:ALPHADHABI HKSE:00267 TSE:8002
Traded in Other Exchanges
N/A
Address
70 Queen’s Road Central, Room 1104, Crawford House, Central, Hong Kong, HKG, +852 2548-1838
Website
http://www.wealthglory.com
Wealth Glory Holdings Ltd is engaged in the trading of natural resources and commodities. The company operates through four segments. The Natural resources and commodities segment is involved in the trading of natural resources and commodities, including iron ore concentrates, coal, and crude palm oil. The Money lending segment includes interest income from the money lending business. The Securities investment segment is involved in the investment in securities in Hong Kong. The Trading of Consumer Products segment is involved in the trading of trendy fashion merchandise and other consumer products. Its geographical segments are Hong Kong and China, of which the majority of its revenue comes from China. In the company's Securities Investment segment company is focuses on listed securities.
Executives
Shan Zumao 2202 Interest of your spouse

Wealth Glory Holdings (HKSE:08269) Headlines

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