GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Zhejiang Renzhi Co Ltd (SZSE:002629) » Definitions » 6-Month Price Index

Zhejiang Renzhi Co (SZSE:002629) 6-Month Price Index : 0.53 (As of May. 25, 2024)


View and export this data going back to 2011. Start your Free Trial

What is Zhejiang Renzhi 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 (2024-05-25), Zhejiang Renzhi Co's 6-Month Price Index is 0.53.


Competitive Comparison of Zhejiang Renzhi Co's 6-Month Price Index

For the Oil & Gas Equipment & Services subindustry, Zhejiang Renzhi 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 Renzhi Co  (SZSE:002629) 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 Renzhi Co  (SZSE:002629) 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 Renzhi Co 6-Month Price Index Related Terms

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


Zhejiang Renzhi Co (SZSE:002629) Business Description

Traded in Other Exchanges
N/A
Address
2180 Binhai 6th Road, Room 108, Building 1, Wenzhou Economic and Technological Development Zone, Wenzhou, CHN, 200135
Zhejiang Renzhi Co Ltd is engaged in the oil service industry which include providing professional services like oil and gas drilling engineering field, oilfield special equipment inspection and maintenance technology.
Executives
Tian Lin Securities Affairs Representative
Wang Hao Directors, executives
Xiong Hai He Supervisors
Zhang Jun Directors, executives
Feng Pin Directors, executives
Wang Jian Jun Director
Yang Liao Directors, executives
Li Yuan En Directors, executives
Liu Hui Qin Supervisors
Ceng Chang Hua Supervisors

Zhejiang Renzhi Co (SZSE:002629) Headlines

No Headlines