Shanghai Turbo Enterprises (SGX:AWM) 6-Month Price Index

: 0.50 (As of Today)

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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 (2024-04-24), Shanghai Turbo Enterprises's 6-Month Price Index is 0.50.

Competitive Comparison

For the Specialty Industrial Machinery subindustry, Shanghai Turbo Enterprises'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.

Shanghai Turbo Enterprises (SGX:AWM) 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.

Shanghai Turbo Enterprises (SGX:AWM) 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.

Shanghai Turbo Enterprises 6-Month Price Index Related Terms

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Shanghai Turbo Enterprises (SGX:AWM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shanghai Turbo Enterprises Ltd (SGX:AWM) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 9, Yinghua Road, Zhonglou Economic Development Zone, Jiangsu Province, Changzhou, CHN, 213016

Website

https://www.shanghaiturbo.com

Shanghai Turbo Enterprises Ltd is a precision engineering group that specializes in the production of precision vane products, namely stationary vanes, moving vanes and nozzles. These vanes are the key components of steam turbine generators used for power generation in power plants, power stations and substations. There are also essential components mounted onto steam turbine generators to maximize the efficiency of steam flow in the generation of electricity.

Shanghai Turbo Enterprises (SGX:AWM) Headlines

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