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Shanghai Aerospace Automobile Electromechanical Co (SHSE:600151) 6-Month Price Index : 0.76 (As of Apr. 30, 2024)


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What is Shanghai Aerospace Automobile Electromechanical 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 (2024-04-30), Shanghai Aerospace Automobile Electromechanical Co's 6-Month Price Index is 0.76.

Competitive Comparison of Shanghai Aerospace Automobile Electromechanical Co's 6-Month Price Index

For the Auto Parts subindustry, Shanghai Aerospace Automobile Electromechanical 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.

Shanghai Aerospace Automobile Electromechanical Co  (SHSE:600151) 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.

Shanghai Aerospace Automobile Electromechanical Co  (SHSE:600151) 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.

Shanghai Aerospace Automobile Electromechanical Co 6-Month Price Index Related Terms

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Shanghai Aerospace Automobile Electromechanical Co (SHSE:600151) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Shanghai Aerospace Automobile Electromechanical Co Ltd (SHSE:600151) » Definitions » 6-Month Price Index
Comparable Companies
SZSE:002031 SZSE:001311 SZSE:300969 SHSE:603348 SHSE:688326 SZSE:002536 SZSE:300893 SHSE:603107 SZSE:002537 SZSE:000901 TSE:6902 TSE:5108 XPAR:ML MBLY GPC APTV SHSE:600660 XKRX:012330 TSX:MG XTER:CON
Traded in Other Exchanges
N/A
Address
No. 222 Caoxi Road, Aerospace Plaza, South Building, 8F, Shanghai, CHN, 200235
Website
http://www.ht-saae.com
Shanghai Aerospace Automobile Electromechanical Co Ltd manufactures and sells solar products in China and internationally. It manufactures ingots, wafers, cells, solar modules, and solar systems. It also provides various auto parts, such as HVAC assembly products, air conditioning systems, serpentine and parallel flow condensers, serpentine heating cores, aluminum brazing heating cores and air-conditioner pipelines among other products.

Shanghai Aerospace Automobile Electromechanical Co (SHSE:600151) Headlines

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