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Alibaba Pictures Group (HKSE:01060) 6-Month Price Index : 0.87 (As of May. 26, 2024)


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What is Alibaba Pictures Group 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 (2024-05-26), Alibaba Pictures Group's 6-Month Price Index is 0.87.


Competitive Comparison of Alibaba Pictures Group's 6-Month Price Index

For the Entertainment subindustry, Alibaba Pictures Group'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.


Alibaba Pictures Group  (HKSE:01060) 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.


Alibaba Pictures Group  (HKSE:01060) 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.


Alibaba Pictures Group 6-Month Price Index Related Terms

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Alibaba Pictures Group (HKSE:01060) Business Description

Traded in Other Exchanges
Address
1 Matheson Street, 26th Floor, Tower One, Times Square, Causeway Bay, Hong Kong, HKG
Alibaba Pictures Group Ltd a subsidiary of the Alibaba Group, is a diversified media company headquartered in China that operates in the entertainment industry. The company has three business segments: Technology, Content production, and IP merchandising and commercialization. The Technology segment provides Internet-based ticketing services to consumers and offers Internet-based promotion and distribution services to cinemas. The integrated development unit develops, licenses, and merchandises intellectual property. The content production business engages in planning, developing, and producing films and TV drama series. The Content segment generates most of the company's revenue.
Executives
Bian Ximing 2101 Beneficial owner
Ali Cv Investment Holding Limited
Alibaba Group Holding Limited
Alibaba Investment Limited
Yang Minghua 2101 Beneficial owner

Alibaba Pictures Group (HKSE:01060) Headlines

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