GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Jiangsu Shagang Co Ltd (SZSE:002075) » Definitions » 6-Month Price Index

Jiangsu Shagang Co (SZSE:002075) 6-Month Price Index : 1.86 (As of Dec. 11, 2024)


View and export this data going back to 2006. Start your Free Trial

What is Jiangsu Shagang 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 (2024-12-11), Jiangsu Shagang Co's 6-Month Price Index is 1.86.


Competitive Comparison of Jiangsu Shagang Co's 6-Month Price Index

For the Steel subindustry, Jiangsu Shagang 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.


Jiangsu Shagang Co  (SZSE:002075) 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.


Jiangsu Shagang Co  (SZSE:002075) 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.


Jiangsu Shagang Co 6-Month Price Index Related Terms

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


Jiangsu Shagang Co Business Description

Traded in Other Exchanges
N/A
Address
Jinfeng Town, Shagang Building, Jiangsu, Zhangjiagang, CHN, 215625
Jiangsu Shagang Co Ltd is engaged in ferrous metal smelting and rolling processing of steel products. It can produce diameter 280-800mm continuous casting round billet, rolled product specifications cover 12-300mm round bar and up to 300mm x 110mm, 250mm x 110mm Flat steel, annual output of spring steel, bearing steel, ship anchor chain steel, alloy billet steel, automotive steel and other special steel 3.2 million tons, the products sell well at home and abroad, used in automobiles, railways, petroleum, marine, mining, Coal, energy, machinery manufacturing and other industries.
Executives
Gao Wen Ping Supervisors
Wang Zhen Lin Directors, executives
Nie Wei Supervisors
Di Ming Yong Supervisors
Li Jing Hua Director
Zhou Jian Qing Directors, executives
Guo Zhao Xiang Directors, executives
Xu Jun Executives

Jiangsu Shagang Co Headlines

No Headlines