GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » NanJing Sanchao Advanced Materials Co Ltd (SZSE:300554) » Definitions » 6-Month Price Index

NanJingnchao Advanced Materials Co (SZSE:300554) 6-Month Price Index : 0.81 (As of May. 03, 2025)


View and export this data going back to 2017. Start your Free Trial

What is NanJingnchao Advanced Materials 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), NanJingnchao Advanced Materials Co's 6-Month Price Index is 0.81.


Competitive Comparison of NanJingnchao Advanced Materials Co's 6-Month Price Index

For the Tools & Accessories subindustry, NanJingnchao Advanced Materials 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.


NanJingnchao Advanced Materials Co  (SZSE:300554) 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.


NanJingnchao Advanced Materials Co  (SZSE:300554) 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.


NanJingnchao Advanced Materials Co 6-Month Price Index Related Terms

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


NanJingnchao Advanced Materials Co Business Description

Traded in Other Exchanges
N/A
Address
No. 77, Zecheng Road, Chunhua street, Jiangning District, Jiangsu province, Nanjing, CHN, 211124
NanJing Sanchao Advanced Materials Co Ltd is a Chinese company engaged in manufacturing diamond and CBN tools. The product portfolio of the company includes precision tool for the semiconductor, electroplated diamond wire saw, diamond and CBN grinding wheel, and cutting fluid. These products are used in the PV and Semiconductor industries for the cutting, grinding and polishing of silicon, sapphire, quartz, neodymium iron, boron, ferrite materials, ceramics, glass, hard alloy and hard brittle materials.
Executives
Xia Xiao Jun Supervisors
Di Feng Directors, executives
Liu Jian Xun Directors, executives

NanJingnchao Advanced Materials Co Headlines

No Headlines