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Inner Mongolia Yili Industrial Group Co (SHSE:600887) 6-Month Price Index : 1.08 (As of Apr. 29, 2024)


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What is Inner Mongolia Yili Industrial Group 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 (2024-04-29), Inner Mongolia Yili Industrial Group Co's 6-Month Price Index is 1.08.

Competitive Comparison of Inner Mongolia Yili Industrial Group Co's 6-Month Price Index

For the Packaged Foods subindustry, Inner Mongolia Yili Industrial Group 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.

Inner Mongolia Yili Industrial Group Co  (SHSE:600887) 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.

Inner Mongolia Yili Industrial Group Co  (SHSE:600887) 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.

Inner Mongolia Yili Industrial Group Co 6-Month Price Index Related Terms

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Inner Mongolia Yili Industrial Group Co (SHSE:600887) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Inner Mongolia Yili Industrial Group Co Ltd (SHSE:600887) » Definitions » 6-Month Price Index
Comparable Companies
SZSE:300999 SHSE:603288 SZSE:000895 SZSE:002311 SZSE:300765 SZSE:300146 SHSE:600298 SHSE:603345 SHSE:600872 SHSE:600737 XSWX:NESN KHC XPAR:BN GIS NSE:NESTLEIND LSE:ABF BIMBOA MKC K TSE:2802
Traded in Other Exchanges
N/A
Address
No. 1 Jinshan Street, Jinshan Development Zone, Huhehaote, Inner Mongolia, CHN, 010110
Website
http://www.yili.com
Inner Mongolia Yili Industrial Group is the largest dairy products producer in China, with the majority of revenue (70%) coming from the liquid milk segment. The company also manufactures ice cream, milk powder and beverages. Some flagship lineups include Satine, Yili Pure Milk, Ambrosial and Changqing. The company also expands its overseas presence through setting up R&D centers and acquiring foreign dairy brands such as Westland in New Zealand and Chomthana in Thailand.

Inner Mongolia Yili Industrial Group Co (SHSE:600887) Headlines

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