GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Han's Laser Technology Industry Group Co Ltd (SZSE:002008) » Definitions » 6-Month Price Index

Han's Laser Technology Industry Group Co (SZSE:002008) 6-Month Price Index : 1.03 (As of Jun. 20, 2024)


View and export this data going back to 2004. Start your Free Trial

What is Han's Laser Technology Industry 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 (2024-06-20), Han's Laser Technology Industry Group Co's 6-Month Price Index is 1.03.


Competitive Comparison of Han's Laser Technology Industry Group Co's 6-Month Price Index

For the Specialty Industrial Machinery subindustry, Han's Laser Technology Industry 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.


Han's Laser Technology Industry Group Co  (SZSE:002008) 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.


Han's Laser Technology Industry Group Co  (SZSE:002008) 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.


Han's Laser Technology Industry Group Co 6-Month Price Index Related Terms

Thank you for viewing the detailed overview of Han's Laser Technology Industry Group Co's 6-Month Price Index provided by GuruFocus.com. Please click on the following links to see related term pages.


Han's Laser Technology Industry Group Co (SZSE:002008) Business Description

Traded in Other Exchanges
N/A
Address
NO. 9988 Shennan Avenue, Han's Laser Building, Nanshan District, Guangdong Province, Shenzhen, CHN, 518057
Founded in 2001, Han's Laser is engaged in manufacturing laser and printed circuit board processing equipment including engravers, welding machines and cutters. It is China's largest laser equipment supplier and the world's third-largest. The company's equipment is applied in the production of consumer electronics, integrated circuits, telecom equipment, auto parts, aerospace, railways and medical devices. The company is headquartered in Shenzhen, China. The group employs nearly 20,000 people and has over 100 offices in China and about 20 countries abroad.
Executives
Du Yong Gang Directors, executives
Chen Ke Sheng Executives
Ren Ning Executives
Zhou Hui Qiang Executives
Zhang Jian Qun Directors, executives
Ning Yan Hua Executives
Yang Chao Hui Executives
Huang Xiang Hu Executives
Yin Jian Gang Executives
Zhao Guang Hui Executives
Chen Xue Mei Supervisors
Li Yu Ting Executives
Chen Yan Executives
Wang Lin Securities Affairs Representative
Zhang Hong Xin Executives

Han's Laser Technology Industry Group Co (SZSE:002008) Headlines

No Headlines