GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Migao Group Holdings Ltd (HKSE:09879) » Definitions » 6-Month Price Index

Migao Group Holdings (HKSE:09879) 6-Month Price Index : 0.93 (As of May. 02, 2025)


View and export this data going back to 2024. Start your Free Trial

What is Migao Group 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 (2025-05-02), Migao Group Holdings's 6-Month Price Index is 0.93.


Competitive Comparison of Migao Group Holdings's 6-Month Price Index

For the Agricultural Inputs subindustry, Migao Group 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.


Migao Group Holdings  (HKSE:09879) 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.


Migao Group Holdings  (HKSE:09879) 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.


Migao Group Holdings 6-Month Price Index Related Terms

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


Migao Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
Qingzhou Development Zone, East Park, Cangjiang Industrial Park, Gaoming District, Foshan, CHN
Migao Group Holdings Ltd is a national potash fertilizer company in China with sourcing and procurement, processing, and manufacturing. It sells various potash fertilizer products, including KCL, SOP, NOP, and compound fertilizers. Geographically, the company generates a majority of its revenue from its business in the People's Republic of China.
Executives
Liu Guocai 2201 Interest of corporation controlled by you
Migao Holding Limited 2101 Beneficial owner
Migao International Holding Limited 2201 Interest of corporation controlled by you

Migao Group Holdings Headlines

No Headlines