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Inner Mongolia Yitai Coal Co (SHSE:900948) 6-Month Price Index : 1.24 (As of Jun. 10, 2024)


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What is Inner Mongolia Yitai Coal 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 (2024-06-10), Inner Mongolia Yitai Coal Co's 6-Month Price Index is 1.24.


Competitive Comparison of Inner Mongolia Yitai Coal Co's 6-Month Price Index

For the Thermal Coal subindustry, Inner Mongolia Yitai Coal 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.


Inner Mongolia Yitai Coal Co  (SHSE:900948) 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.


Inner Mongolia Yitai Coal Co  (SHSE:900948) 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.


Inner Mongolia Yitai Coal Co 6-Month Price Index Related Terms

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Inner Mongolia Yitai Coal Co (SHSE:900948) Business Description

Traded in Other Exchanges
N/A
Address
North Tianjiao Road, Yitai Building, Inner Mongolia, Dongsheng District, Ordos, CHN, 017000
Inner Mongolia Yitai Coal Co Ltd is primarily engaged in coal mining, processing, and distribution, as well as the distribution of petroleum products. The company also provides railway transportation services and road transportation services, as well as a coal-related chemical business, hotel management and pharmaceutical manufacturing. The company directly owns and controls multiple mechanized coal mines and controls three main railways, namely the Zhundong Railway, Huzhun Railway and a special railway line for Suancigou Mine. Thermal coal provided by the company serves as fuel for various industries including thermal power, construction materials and chemicals.

Inner Mongolia Yitai Coal Co (SHSE:900948) Headlines

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