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Haitong Securities Co (SHSE:600837) 6-Month Price Index : 0.83 (As of May. 28, 2024)


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What is Haitong Securities 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 (2024-05-28), Haitong Securities Co's 6-Month Price Index is 0.83.

Competitive Comparison of Haitong Securities Co's 6-Month Price Index

For the Capital Markets subindustry, Haitong Securities 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.

Haitong Securities Co  (SHSE:600837) 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.

Haitong Securities Co  (SHSE:600837) 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.

Haitong Securities Co 6-Month Price Index Related Terms

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

Haitong Securities Co (SHSE:600837) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Haitong Securities Co Ltd (SHSE:600837) » Definitions » 6-Month Price Index
Comparable Companies
SZSE:000776 SZSE:002736 SZSE:000166 SHSE:600999 SHSE:601688 SHSE:601901 SHSE:601211 SHSE:601788 SHSE:600958 SHSE:601136 MS GS SCHW ASX:MQG SHSE:600030 BSP:BPAC3 RJF TW LPLA SHSE:601066
Traded in Other Exchanges
06837:Hong Kong
Address
No. 689 Guangdong Road, Haitong Securities Building, Shanghai, CHN, 200001
Website
https://www.htsec.com
Haitong Securities Co Ltd is engaged in the securities and futures brokerage business, which trades securities and futures for customers such as individuals, enterprises, and financial institutions; investment banking businesses. It operates in Wealth Management; Investment Banking; Asset Management; Trading and Institution; Finance Lease; and other segments. The Wealth Management Segment derives the majority of revenue and engages in the provision of a full range of financial services and investment solutions to retail and high-net-worth clients. Services provided include brokering and dealing in securities and futures, investment consulting, wealth management as well as financial services such as margin financing, security lending, and stock pledge.
Executives
Liu Zhi Min Director

Haitong Securities Co (SHSE:600837) Headlines

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