Xinhuanet Co (SHSE:603888) 6-Month Price Index : 0.82 (As of May. 26, 2024)

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What is Xinhuanet 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), Xinhuanet Co's 6-Month Price Index is 0.82.

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

For the Internet Content & Information subindustry, Xinhuanet 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.

Xinhuanet Co (SHSE:603888) 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.

Xinhuanet Co (SHSE:603888) 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.

Xinhuanet Co 6-Month Price Index Related Terms

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Xinhuanet Co (SHSE:603888) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Xinhuanet Co Ltd (SHSE:603888) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2, Beixing Road (East Section), 101, 1-5, Building 12, Daxing District, Beijing, CHN, 100162

Website

http://www.xinhuanet.com

Xinhuanet Co Ltd operates in the internet content and information industry. It owns and manages a news information service portals in China. Its business activities are divided into the following: online advertising, information services, website construction, technical services and mobile internet. Its online advertising business provides full-screen shrink, rear projection, streaming media and other forms of advertising. Its information services include multimedia information services and big data intelligent analysis services. The website construction and technical service business engage in website construction, content management and operation. The mobile internet business provides mobile internet content information services through text, images, voice, video and other forms.

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