GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » CSSC Offshore & Marine Engineering (Group) Co Ltd (SHSE:600685) » Definitions » 6-Month Price Index

CSSC Offshore & Marine Engineering (Group) Co (SHSE:600685) 6-Month Price Index : 1.16 (As of Jun. 06, 2024)


View and export this data going back to 1993. Start your Free Trial

What is CSSC Offshore & Marine Engineering (Group) 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 (2024-06-06), CSSC Offshore & Marine Engineering (Group) Co's 6-Month Price Index is 1.16.

Competitive Comparison of CSSC Offshore & Marine Engineering (Group) Co's 6-Month Price Index

For the Aerospace & Defense subindustry, CSSC Offshore & Marine Engineering (Group) 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.

CSSC Offshore & Marine Engineering (Group) Co  (SHSE:600685) 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.

CSSC Offshore & Marine Engineering (Group) Co  (SHSE:600685) 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.

CSSC Offshore & Marine Engineering (Group) Co 6-Month Price Index Related Terms

Thank you for viewing the detailed overview of CSSC Offshore & Marine Engineering (Group) Co's 6-Month Price Index provided by GuruFocus.com. Please click on the following links to see related term pages.

CSSC Offshore & Marine Engineering (Group) Co (SHSE:600685) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » CSSC Offshore & Marine Engineering (Group) Co Ltd (SHSE:600685) » Definitions » 6-Month Price Index
Comparable Companies
SHSE:601866 SHSE:600038 SHSE:600118 SZSE:000738 SHSE:688563 SHSE:600879 SHSE:688297 SHSE:688281 SZSE:300775 SZSE:002389 GE RTX XPAR:AIR LMT BA XPAR:SAF GD TDG NOC LSE:BA.
Traded in Other Exchanges
00317:Hong Kong GSZ:Germany
Address
No. 137 Gexin Road, 15th Floor, Marine Tower, Shipping Building, Haizhu District, Guangdong Province, Guangzhou, CHN, 510250
Website
http://comec.cssc.net.cn
CSSC Offshore & Marine Engineering (Group) Co Ltd manufactures military and civil ships and conducts off-shore engineering. The functions of the boats have a wide range, including military, patrol, rescue, and transportation. Multiple subsidiaries allow the company to produce multiple ships and supply customized maintenance for clients. The company operates through three business segments: Shipbuilding and related business, Steel Structure engineering, Ship maintenance and modification, and others.
Executives
Wu Guang Jun Supervisors

CSSC Offshore & Marine Engineering (Group) Co (SHSE:600685) Headlines

No Headlines