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Shanghai Guangdian Electric Group Co (SHSE:601616) 6-Month Price Index : 0.90 (As of Sep. 21, 2024)


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What is Shanghai Guangdian Electric 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 (2024-09-21), Shanghai Guangdian Electric Group Co's 6-Month Price Index is 0.90.


Competitive Comparison of Shanghai Guangdian Electric Group Co's 6-Month Price Index

For the Electronics & Computer Distribution subindustry, Shanghai Guangdian Electric 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.


Shanghai Guangdian Electric Group Co  (SHSE:601616) 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 Guangdian Electric Group Co  (SHSE:601616) 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 Guangdian Electric Group Co 6-Month Price Index Related Terms

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Shanghai Guangdian Electric Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1,Lane 123,East Huancheng Road, Fengxian, Shanghai, CHN, 201401
Shanghai Guangdian Electric Group Co Ltd designs, develops, manufactures, and markets distribution and control products and solution services in China. The company provides switchgear, medium voltage equipment, vacuum circuit breakers, low voltage switchgear and distribution panels among others.
Executives
Wang Jiang senior management
Yan Huai Zhong Director
Director
Zhu Guang Ming Supervisors
He Yue Nan Supervisors
He Zhen Hua senior management

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