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Sinochem International (SHSE:600500) 6-Month Price Index : 0.84 (As of Apr. 27, 2024)


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What is Sinochem International 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 (2024-04-27), Sinochem International's 6-Month Price Index is 0.84.

Competitive Comparison of Sinochem International's 6-Month Price Index

For the Conglomerates subindustry, Sinochem International'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.

Sinochem International  (SHSE:600500) 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.

Sinochem International  (SHSE:600500) 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.

Sinochem International 6-Month Price Index Related Terms

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

Sinochem International (SHSE:600500) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Sinochem International Corp (SHSE:600500) » Definitions » 6-Month Price Index
Comparable Companies
SZSE:002091 SZSE:000620 SZSE:002245 SHSE:600008 SZSE:000881 SHSE:600704 SZSE:000409 SZSE:002102 SHSE:600207 SHSE:600981 ADX:IHC HON TSE:8058 TSE:6501 TSE:8031 TSE:8001 MMM ADX:ALPHADHABI TSE:8053 TSE:8002
Traded in Other Exchanges
N/A
Address
NO.233 North Changqing Road, Sinochem International Plaza, Pudong, Shanghai, Shanghai, CHN, 200125
Website
http://www.sinochemintl.com
Sinochem International Corporation engages in the natural rubber, new material, rubber chemical, agrochemical, logistics, and distribution and trade businesses worldwide. Some of the products offered by the company include Waterborne acrylic emulsions, Crosslinkers, Crosslinkers, Epoxy Resins and Polymer Polyols.

Sinochem International (SHSE:600500) Headlines

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