GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Shanxi Lu'an Environmental Energy Development Co Ltd (SHSE:601699) » Definitions » 6-Month Price Index

Shanxi Lu'an Environmental Energy Development Co (SHSE:601699) 6-Month Price Index : 1.12 (As of May. 26, 2024)


View and export this data going back to 2006. Start your Free Trial

What is Shanxi Lu'an Environmental Energy Development 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 (2024-05-26), Shanxi Lu'an Environmental Energy Development Co's 6-Month Price Index is 1.12.


Competitive Comparison of Shanxi Lu'an Environmental Energy Development Co's 6-Month Price Index

For the Thermal Coal subindustry, Shanxi Lu'an Environmental Energy Development 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.


Shanxi Lu'an Environmental Energy Development Co  (SHSE:601699) 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.


Shanxi Lu'an Environmental Energy Development Co  (SHSE:601699) 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.


Shanxi Lu'an Environmental Energy Development Co 6-Month Price Index Related Terms

Thank you for viewing the detailed overview of Shanxi Lu'an Environmental Energy Development Co's 6-Month Price Index provided by GuruFocus.com. Please click on the following links to see related term pages.


Shanxi Lu'an Environmental Energy Development Co (SHSE:601699) Business Description

Traded in Other Exchanges
N/A
Address
North Street, No. 65, High - tech Development Zone, Shanxi Province, Changzhi, CHN, 046204
Based in Changzhi City, Shanxi Province, China, Lu'an first listed shares on the A-share market in 2006. As of late 2010, Lu'an Mining Industry Group held a 63.99% stake in Lu'an. Lu'an is mainly engaged in mining, washing, processing and distribution of coal. In 2010, the company produced 33.22 million tons of coals and sold CNY 18.2 billion worth of coal. The company's coal business had a gross margin of 47% in 2010.
Executives
Jia En Li senior management
Lv Chuan Tian Supervisors

Shanxi Lu'an Environmental Energy Development Co (SHSE:601699) Headlines

No Headlines