GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Guangdong Meiyan Jixiang Hydropower Co Ltd (SHSE:600868) » Definitions » 6-Month Price Index

Guangdong Meiyan Jixiang Hydropower Co (SHSE:600868) 6-Month Price Index : 0.64 (As of Jun. 23, 2024)


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What is Guangdong Meiyan Jixiang Hydropower 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 (2024-06-23), Guangdong Meiyan Jixiang Hydropower Co's 6-Month Price Index is 0.64.

Competitive Comparison of Guangdong Meiyan Jixiang Hydropower Co's 6-Month Price Index

For the Utilities - Renewable subindustry, Guangdong Meiyan Jixiang Hydropower 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.

Guangdong Meiyan Jixiang Hydropower Co  (SHSE:600868) 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.

Guangdong Meiyan Jixiang Hydropower Co  (SHSE:600868) 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.

Guangdong Meiyan Jixiang Hydropower Co 6-Month Price Index Related Terms

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Guangdong Meiyan Jixiang Hydropower Co (SHSE:600868) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Guangdong Meiyan Jixiang Hydropower Co Ltd (SHSE:600868) » Definitions » 6-Month Price Index
Comparable Companies
SHSE:688660 SHSE:603126 SHSE:605162 SZSE:000040 SZSE:301046 SZSE:000993 SHSE:605580 SHSE:605028 SHSE:600310 SZSE:001258 ISX:BREN CEG GEV BOM:541450 WBO:VER OCSE:ORSTED SHSE:600025 XPRA:CEZ SHSE:600905 SHSE:600886
Traded in Other Exchanges
N/A
Address
Meiyan Builing, Wanshuitang County, Meizhou, Guangdong, CHN, 514011
Website
http://www.chinameiyan.com
Guangdong Meiyan Jixiang Hydropower Co Ltd is mainly engaged in power generation and hydropower generation in China. The company's main business is hydropower generation. Its business divisions include hydroelectric generation, copper foil production, cement industry, silver mining, education services business and sales. The company mainly operates its business in Guangdong Province.
Executives
Li Ming Director
Zhu Bao Rong Supervisors
Huang Zeng Xiao senior management
Yang Qin Huan senior management
Qiu Xiu Rong Supervisors
Wang Rong Hui Director
Xia Wen Mei Supervisors
Wan Wen Sheng Supervisors

Guangdong Meiyan Jixiang Hydropower Co (SHSE:600868) Headlines

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