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Changchun Engley Automobile Industry Co (SHSE:601279) 6-Month Price Index : 0.82 (As of May. 19, 2024)


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What is Changchun Engley Automobile Industry 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 (2024-05-19), Changchun Engley Automobile Industry Co's 6-Month Price Index is 0.82.

Competitive Comparison of Changchun Engley Automobile Industry Co's 6-Month Price Index

For the Auto Parts subindustry, Changchun Engley Automobile Industry 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.

Changchun Engley Automobile Industry Co  (SHSE:601279) 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.

Changchun Engley Automobile Industry Co  (SHSE:601279) 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.

Changchun Engley Automobile Industry Co 6-Month Price Index Related Terms

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Changchun Engley Automobile Industry Co (SHSE:601279) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Changchun Engley Automobile Industry Co Ltd (SHSE:601279) » Definitions » 6-Month Price Index
Comparable Companies
SZSE:002239 SZSE:000030 SZSE:300926 SZSE:001311 SZSE:002703 SZSE:002536 SHSE:605333 SZSE:002997 SHSE:603358 SHSE:603013 TSE:6902 MBLY TSE:5108 APTV XPAR:ML ISX:ASII XKRX:012330 TSX:MG XTER:CON SHSE:600660
Traded in Other Exchanges
N/A
Address
No. 888, Shunda Road, High-tech Zone, Jilin Province, Changchun, CHN, 130021
Website
http://www.engley.com
Changchun Engley Automobile Industry Co Ltd is engaged in the design, research and development, manufacturing and sales of body structure components and anti-collision system components. The company's main products include metallic and Non-metallic products. The metallic parts are mainly Cross Car beams, bumps, thresholds, battery lower shells and other body stamping parts: Non-metallic products include front end modules, underbody coves, spare tire warehouses, EV battery upper shell, battery trays and wheel guards.

Changchun Engley Automobile Industry Co (SHSE:601279) Headlines

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