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Yangzijiang Shipbuilding (Holdings) (Yangzijiang Shipbuilding (Holdings)) 6-Month Price Index : 1.16 (As of May. 23, 2024)


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What is Yangzijiang Shipbuilding (Holdings) 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 (2024-05-23), Yangzijiang Shipbuilding (Holdings)'s 6-Month Price Index is 1.16.

Competitive Comparison of Yangzijiang Shipbuilding (Holdings)'s 6-Month Price Index

For the Aerospace & Defense subindustry, Yangzijiang Shipbuilding (Holdings)'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.

Yangzijiang Shipbuilding (Holdings)  (OTCPK:YSHLF) 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.

Yangzijiang Shipbuilding (Holdings)  (OTCPK:YSHLF) 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.

Yangzijiang Shipbuilding (Holdings) 6-Month Price Index Related Terms

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Yangzijiang Shipbuilding (Holdings) (Yangzijiang Shipbuilding (Holdings)) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Yangzijiang Shipbuilding (Holdings) Ltd (OTCPK:YSHLF) » Definitions » 6-Month Price Index
Comparable Companies
SGX:S51 SGX:BTM SGX:1J4 SGX:A04 SGX:1V3 SGX:BEZ SGX:S63 BA XPAR:AIR RTX LMT XPAR:SAF GD NOC TDG LSE:BA. LHX LSE:RR. XPAR:HO BOM:541154
Traded in Other Exchanges
BS6:Singapore B8O:Germany
Address
No. 1 Lianyi Road, Jiangyin-Jingjiang Industry Zone, Jiangsu Province, Jingjiang, CHN, 214532
Website
http://www.yzjship.com
Yangzijiang Shipbuilding (Holdings) Ltd is a large conglomerate, with shipbuilding and offshore engineering as its core focus. Its reportable segments comprise Shipbuilding, Shipping and others. The majority of revenue gets derived from the Shipbuilding segment that of shipbuilding and offshore marine equipment construction. The principal activities of the shipping segment consist of charter hire income earned by vessel owning companies. Geographically, it generates revenue from China.

Yangzijiang Shipbuilding (Holdings) (Yangzijiang Shipbuilding (Holdings)) Headlines

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