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Tongwei Co (SHSE:600438) 6-Month Price Index : 0.80 (As of May. 20, 2024)


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What is Tongwei 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 (2024-05-20), Tongwei Co's 6-Month Price Index is 0.80.

Competitive Comparison of Tongwei Co's 6-Month Price Index

For the Farm Products subindustry, Tongwei 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.

Tongwei Co  (SHSE:600438) 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.

Tongwei Co  (SHSE:600438) 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.

Tongwei Co 6-Month Price Index Related Terms

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Tongwei Co (SHSE:600438) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Tongwei Co Ltd (SHSE:600438) » Definitions » 6-Month Price Index
Comparable Companies
SZSE:300498 SZSE:000876 SZSE:002157 SHSE:600598 SHSE:600095 SZSE:002299 SZSE:002385 SHSE:605296 SZSE:300761 SZSE:000998 SZSE:002714 ADM TSN BG OSL:MOWI OSL:SALM ISX:CPIN XKLS:4065 BKK:CPF OSL:BAKKA
Traded in Other Exchanges
N/A
Address
No. 588, Middle Section Tianfu Avenue, High-Tech Zone, Tongwei International Center, Sichuan, Chengdu, CHN, 610041
Website
http://www.tongwei.com.cn
Tongwei is the largest polysilicon producer in the world. It produced 266.9 thousand metric tons of polysilicon in 2022, accounting for 32% of total production in China. Polysilicon contributed 43% of revenue and 85% of gross profit in 2022. Tongwei is also the largest solar cell producer in the world.

Tongwei Co (SHSE:600438) Headlines

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