Hangzhou Huaguang Advanced Welding Materials Co (SHSE:688379) 6-Month Price Index : 1.70 (As of Jan. 18, 2025)

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What is Hangzhou Huaguang Advanced Welding Materials 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 (2025-01-18), Hangzhou Huaguang Advanced Welding Materials Co's 6-Month Price Index is 1.70.

Competitive Comparison of Hangzhou Huaguang Advanced Welding Materials Co's 6-Month Price Index

For the Metal Fabrication subindustry, Hangzhou Huaguang Advanced Welding Materials 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.

Hangzhou Huaguang Advanced Welding Materials Co (SHSE:688379) 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.

Hangzhou Huaguang Advanced Welding Materials Co (SHSE:688379) 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.

Hangzhou Huaguang Advanced Welding Materials Co 6-Month Price Index Related Terms

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Hangzhou Huaguang Advanced Welding Materials Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hangzhou Huaguang Advanced Welding Materials Co Ltd (SHSE:688379) » Definitions » 6-Month Price Index

Traded in Other Exchanges

N/A

Address

Building 3, No. 82, Qihang Road, Renhe Street, Yuhang District, Zhejiang Province, Hangzhou, CHN, 311107

Website

https://www.huaguangwelding.com

Hangzhou Huaguang Advanced Welding Materials Co Ltd is engaged in production and sales of brazing materials. The company specialises in the research and fabrication of a broad range of welding materials as well as providing the customers with total welding solutions. It produces copper-based and silver-based welding materials in the forms of rods, rings, wires, strips, foils, powder, paste, flux-cored and flux-coated with over 2,800 specifications. The products are widely applied to the industry of refrigeration, household appliances, machinery, electric appliances, aeronautics, petrochemical, automobiles, tools, hard alloys, measurements, new energy equipment, bathroom facilities, railroad systems, among others.

Executives

Huang Shi Sheng	Core technical personnel
Chen Rong	Core technical personnel
Fan Zhong Hua	Core technical personnel

Hangzhou Huaguang Advanced Welding Materials Co Headlines

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