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Chong Hong Construction Co (TPE:5534) 6-Month Price Index : 1.52 (As of Jun. 19, 2024)


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What is Chong Hong Construction 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 (2024-06-19), Chong Hong Construction Co's 6-Month Price Index is 1.52.


Competitive Comparison of Chong Hong Construction Co's 6-Month Price Index

For the Real Estate - Development subindustry, Chong Hong Construction 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.


Chong Hong Construction Co  (TPE:5534) 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.


Chong Hong Construction Co  (TPE:5534) 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.


Chong Hong Construction Co 6-Month Price Index Related Terms

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Chong Hong Construction Co (TPE:5534) Business Description

Traded in Other Exchanges
N/A
Address
No. 30, Beiping East Road, 11th Floor, Zhongzheng District, Taipei, TWN, 100
Chong Hong Construction Co Ltd primarily operates in the development, sale, and leasing of residential and commercial property in Taiwan. The company derives revenue from the proceeds of lands, properties, contract fees, and rental income. The revenue from lands represents more than half of group income, followed by property revenue. The company operates through two segments. The Building segment is engaged in the construction of commercial buildings, public housings and the lease of factories. The construction segment is engaged in building and construction projects.

Chong Hong Construction Co (TPE:5534) Headlines

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