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Huaming Power Equipment Co (SZSE:002270) 6-Month Price Index

: 1.18 (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 (2023-03-26), Huaming Power Equipment Co's 6-Month Price Index is 1.18.


Competitive Comparison

For the Specialty Industrial Machinery subindustry, Huaming Power Equipment 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.

   

Huaming Power Equipment Co  (SZSE:002270) 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.


Huaming Power Equipment Co  (SZSE:002270) 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.


Huaming Power Equipment Co 6-Month Price Index Related Terms

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


Huaming Power Equipment Co (SZSE:002270) Business Description

Huaming Power Equipment Co logo
Traded in Other Exchanges
N/A
Address
No. 977, Tongpu Road, Putuo District, Shanghai, CHN, 200333
Huaming Power Equipment Co Ltd is a Chinese company operating in the tap changer industry. Its products are on-load and off-circuit tap changers for transformeThat motor drive unit, online oil filter and other accessories. The products offered by the company is used in power grids and energy sector, chemical, metallurgical and railway projects, among others. The company offers products in the categories of OLTC and DETC. OLTC includes products of conventional type, vacuum type, dry type and gas insulated type, whereas DETC covers products of cage type and drum type.

Huaming Power Equipment Co (SZSE:002270) Headlines

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