GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » New Hope Dairy Co Ltd (SZSE:002946) » Definitions » 6-Month Price Index

New Hope Dairy Co (SZSE:002946) 6-Month Price Index : 0.82 (As of Jun. 23, 2024)


View and export this data going back to 2019. Start your Free Trial

What is New Hope Dairy 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 (2024-06-23), New Hope Dairy Co's 6-Month Price Index is 0.82.


Competitive Comparison of New Hope Dairy Co's 6-Month Price Index

For the Packaged Foods subindustry, New Hope Dairy 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.


New Hope Dairy Co  (SZSE:002946) 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.


New Hope Dairy Co  (SZSE:002946) 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.


New Hope Dairy Co 6-Month Price Index Related Terms

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


New Hope Dairy Co (SZSE:002946) Business Description

Traded in Other Exchanges
N/A
Address
No.366 Jinshi Road, New Hope Zhongding International, No. 3, 18th Floor, Building 2, Jinjiang District, Sichuan, Chengdu, CHN, 610023
New Hope Dairy Co Ltd is a dairy products supplier in China. The company have 12 dairy enterprises in Southwest China, Eastern China and Northern China, including 4 national enterprises of agricultural industrialization and 8 provincial enterprises.
Executives
Lin Yong Yu Executives
Li Hong Mei Supervisors
Xi Gang Director
Zhu Chuan Directors, executives
Zhang Shuai Executives

New Hope Dairy Co (SZSE:002946) Headlines

No Headlines