GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Jiangsu Yanghe Brewery JSC Ltd (SZSE:002304) » Definitions » 6-Month Price Index

Jiangsu Yanghe Brewery JSC (SZSE:002304) 6-Month Price Index : 0.84 (As of Apr. 28, 2024)


View and export this data going back to 2009. Start your Free Trial

What is Jiangsu Yanghe Brewery JSC 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 (2024-04-28), Jiangsu Yanghe Brewery JSC's 6-Month Price Index is 0.84.


Competitive Comparison of Jiangsu Yanghe Brewery JSC's 6-Month Price Index

For the Beverages - Wineries & Distilleries subindustry, Jiangsu Yanghe Brewery JSC'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.


Jiangsu Yanghe Brewery JSC  (SZSE:002304) 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.


Jiangsu Yanghe Brewery JSC  (SZSE:002304) 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.


Jiangsu Yanghe Brewery JSC 6-Month Price Index Related Terms

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


Jiangsu Yanghe Brewery JSC (SZSE:002304) Business Description

Traded in Other Exchanges
N/A
Address
No. 118 Middle Avenue, Yanghe Town, Jiangsu Province, Suqian, CHN, 223800
Jiangsu Yanghe Brewery, founded in 2002, manufactures and markets baijiu (a distilled Chinese liquor) under the Yanghe, Shuanggou, and Sujiu brands. Yanghe's key products include the Blue Classic series, which accounted for about 80% of total sales, such as premium Dream Blue, mid- to high-end Sky Blue, and mass-market Ocean Blue. The company achieved revenue of CNY 30 billion in 2022, with half of sales from the non-Jiangsu market, leveraging its more than 8,000 distributors across China.

Jiangsu Yanghe Brewery JSC (SZSE:002304) Headlines

No Headlines