GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Sun Hung Kai & Co Ltd (OTCPK:SHGKF) » Definitions » 6-Month Price Index

Sun Hung Kai (Sun Hung Kai) 6-Month Price Index : 1.00 (As of May. 12, 2024)


View and export this data going back to 2013. Start your Free Trial

What is Sun Hung Kai 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 (2024-05-12), Sun Hung Kai's 6-Month Price Index is 1.00.


Competitive Comparison of Sun Hung Kai's 6-Month Price Index

For the Credit Services subindustry, Sun Hung Kai'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.


Sun Hung Kai  (OTCPK:SHGKF) 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.


Sun Hung Kai  (OTCPK:SHGKF) 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.


Sun Hung Kai 6-Month Price Index Related Terms

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


Sun Hung Kai (Sun Hung Kai) Business Description

Traded in Other Exchanges
Address
33 Hysan Avenue, 42nd Floor, Lee Garden One, Causeway Bay, Hong Kong, HKG
Sun Hung Kai & Co Ltd is an investment and finance firm. The group focuses on providing tailor-made financing solutions to corporations, small businesses, and individuals. It offers wealth management and brokerage, capital markets, consumer finance, structured finance, and principal investment services. The geographical area of operation is Hong Kong, Mainland China, and others. Its revenue is derived from the Hong Kong region. Its segments comprise Consumer Finance; Mortgage Loans; Specialty Finance; Investment Management; Strategic Investments; and Group Management and Support. The company generates maximum revenue from the Consumer Finance segment.

Sun Hung Kai (Sun Hung Kai) Headlines

From GuruFocus

Seeking Value in Hong Kong: Sun Hung Kai

By Mark Yu Mark Yu 06-07-2017