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Zhejiang Akcome New Energy Technology Co (SZSE:002610) 6-Month Price Index : 0.48 (As of May. 16, 2024)


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What is Zhejiang Akcome New Energy Technology 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 (2024-05-16), Zhejiang Akcome New Energy Technology Co's 6-Month Price Index is 0.48.

Competitive Comparison of Zhejiang Akcome New Energy Technology Co's 6-Month Price Index

For the Solar subindustry, Zhejiang Akcome New Energy Technology 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.

Zhejiang Akcome New Energy Technology Co  (SZSE:002610) 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.

Zhejiang Akcome New Energy Technology Co  (SZSE:002610) 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.

Zhejiang Akcome New Energy Technology Co 6-Month Price Index Related Terms

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Zhejiang Akcome New Energy Technology Co (SZSE:002610) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Zhejiang Akcome New Energy Technology Co Ltd (SZSE:002610) » Definitions » 6-Month Price Index
Comparable Companies
SZSE:300827 SHSE:688408 SHSE:688503 SZSE:300393 SHSE:600537 SHSE:603105 SZSE:301162 SZSE:002218 SZSE:301168 SHSE:603366 FSLR SHSE:688223 ENPH SZSE:002459 SHSE:688599 SHSE:688472 HKSE:00968 SHSE:600732 SEDG HKSE:03800
Traded in Other Exchanges
N/A
Address
West Jintang Road, Economic Development Zone of Zhangjiagang, Jiangsu Province, Zhangjiagang, CHN, 215600
Website
http://www.akcome.com
Zhejiang Akcome New Energy Technology Co Ltd Formerly Jiangsu Akcome Science & Technology Co Ltd is a Chinese technology-based company specialized in the investment and operation of power generated by new energy, and the one-stop provision of photovoltaic (PV) accessories. It offers products such as the solar framework, sectional material, modules, solar cell, aluminum framework of polar battery, PV installation rack and PV welding strip. In addition, the company is also involved in the online energy business. The company has a business presence in China and other countries.

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