GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Sanai Health Industry Group Co Ltd (OTCPK:SHIGF) » Definitions » 6-Month Price Index

SHIGF (Sanai Health Industry Group Co) 6-Month Price Index : 1.00 (As of Sep. 22, 2024)


View and export this data going back to 2008. Start your Free Trial

What is Sanai Health Industry Group 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 (2024-09-22), Sanai Health Industry Group Co's 6-Month Price Index is 1.00.


Competitive Comparison of Sanai Health Industry Group Co's 6-Month Price Index

For the Drug Manufacturers - Specialty & Generic subindustry, Sanai Health Industry Group 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.


Sanai Health Industry Group Co  (OTCPK:SHIGF) 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.


Sanai Health Industry Group Co  (OTCPK:SHIGF) 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.


Sanai Health Industry Group Co 6-Month Price Index Related Terms

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


Sanai Health Industry Group Co Business Description

Traded in Other Exchanges
Address
57 Hung To Road, Unit 5, 7th Floor, Nanyang Plaza, Kwun Tong, Kowloon, Hong Kong, HKG
Sanai Health Industry Group Co Ltd is a pharmaceutical company. The company has three reportable segments namely Pharmaceutical products includes development, manufacturing, marketing and sales of pharmaceutical products and related software and provision of consultancy services. Finance leasing includes the provision of financial leasing services; Genetic testing and molecular diagnostic services segment. It generates maximum revenue from Pharmaceutical products segments. Geographically, it derives a majority revenue from PRC.

Sanai Health Industry Group Co Headlines

No Headlines