GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Universal Scientific Industrial (Shanghai) Co Ltd (SHSE:601231) » Definitions » 6-Month Price Index

Universal Scientific Industrial (Shanghai) Co (SHSE:601231) 6-Month Price Index : 1.04 (As of Jun. 09, 2024)


View and export this data going back to 2012. Start your Free Trial

What is Universal Scientific Industrial (Shanghai) 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 (2024-06-09), Universal Scientific Industrial (Shanghai) Co's 6-Month Price Index is 1.04.


Competitive Comparison of Universal Scientific Industrial (Shanghai) Co's 6-Month Price Index

For the Electronic Components subindustry, Universal Scientific Industrial (Shanghai) 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.


Universal Scientific Industrial (Shanghai) Co  (SHSE:601231) 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.


Universal Scientific Industrial (Shanghai) Co  (SHSE:601231) 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.


Universal Scientific Industrial (Shanghai) Co 6-Month Price Index Related Terms

Thank you for viewing the detailed overview of Universal Scientific Industrial (Shanghai) Co's 6-Month Price Index provided by GuruFocus.com. Please click on the following links to see related term pages.


Universal Scientific Industrial (Shanghai) Co (SHSE:601231) Business Description

Traded in Other Exchanges
N/A
Address
Number 1558, Zhangdong Road, Zhangjiang Hi-Tech Park, Integrated Circuit Industrial Zone, Shanghai, CHN, 201203
Universal Scientific Industrial (Shanghai) Co Ltd provides design, miniaturization, material sourcing, manufacturing, logistics, and after services of electronic devices and modules for brand owners. It mainly focuses on manufacturing electronic parts including wireless communications products, flat LCD display components, and storage products. The company's sales service network exists in North America, Europe, Japan, China, Taiwan, and manufacturing sites in China, Taiwan, Korea and Mexico.
Executives
Shi Jin Peng senior management
Wei Zhen Yan Directors, senior managers
Liu Dan Yang senior management
Chen Feng Da senior management
Lin Da Yi senior management
Chen Chang Yi Directors, senior managers
You Jia Xiong senior management
Lin Yue Ming senior management

Universal Scientific Industrial (Shanghai) Co (SHSE:601231) Headlines

No Headlines