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Hanchang Paper Co (XKRX:009460) 6-Month Price Index : 0.93 (As of May. 05, 2024)


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What is Hanchang Paper 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 (2024-05-05), Hanchang Paper Co's 6-Month Price Index is 0.93.


Competitive Comparison of Hanchang Paper Co's 6-Month Price Index

For the Paper & Paper Products subindustry, Hanchang Paper 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.


Hanchang Paper Co  (XKRX:009460) 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.


Hanchang Paper Co  (XKRX:009460) 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.


Hanchang Paper Co 6-Month Price Index Related Terms

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Hanchang Paper Co (XKRX:009460) Business Description

Traded in Other Exchanges
N/A
Address
270 Yong Dang-Ri, Ungsang-Eup, Yangsan, KOR, 626-290
Hanchang Paper Co Ltd is involved in developing, manufacturing, and selling bio-degradable bio-mass materials/products in South Korea. It offers art boards under the I PAPERS brand; duplex boards, including ivory, SC, and TM paperboards; and functional white paper boards. The company also provides cups, lids, sleeves, shopping bags/ envelopes, films, forks/spoons/knives, and various kind of containers under the Greenus brand name.

Hanchang Paper Co (XKRX:009460) Headlines

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