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Tanac Automation Co (SZSE:300461) 6-Month Price Index : 0.83 (As of May. 03, 2025)


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What is Tanac Automation 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 (2025-05-03), Tanac Automation Co's 6-Month Price Index is 0.83.


Competitive Comparison of Tanac Automation Co's 6-Month Price Index

For the Specialty Industrial Machinery subindustry, Tanac Automation 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.


Tanac Automation Co  (SZSE:300461) 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.


Tanac Automation Co  (SZSE:300461) 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.


Tanac Automation Co 6-Month Price Index Related Terms

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Tanac Automation Co Business Description

Traded in Other Exchanges
N/A
Address
No.398, Xinjing Road, Yaozhuang Industrial Park, Zhejiang Province, Jiashan, CHN, 314117
Tanac Automation Co Ltd manufactures and designs winding machines. The company provides full automation solutions to the consumer electronics industry. In the automotive industry, it provides automatic or semi-automatic assembly, automotive electronic functional testing and other professional fine solutions for the related auto parts manufacturers. The company also provides solutions to the healthcare industry and logistics industry.
Executives
Zhang Yu Long Directors, executives
Qian Cheng Lin Director
Teng Ye Kang Cheng Directors, executives
Xu Yao Sheng Director

Tanac Automation Co Headlines

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