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Shenzhen Investment Holdings Bay Area Development Co (Shenzhen Investment Holdings Bay Area Development Co) 6-Month Price Index : 1.17 (As of Jun. 08, 2024)


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What is Shenzhen Investment Holdings Bay Area 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 (2024-06-08), Shenzhen Investment Holdings Bay Area Development Co's 6-Month Price Index is 1.17.


Competitive Comparison of Shenzhen Investment Holdings Bay Area Development Co's 6-Month Price Index

For the Infrastructure Operations subindustry, Shenzhen Investment Holdings Bay Area 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.


Shenzhen Investment Holdings Bay Area Development Co  (OTCPK:SIHBY) 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.


Shenzhen Investment Holdings Bay Area Development Co  (OTCPK:SIHBY) 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.


Shenzhen Investment Holdings Bay Area Development Co 6-Month Price Index Related Terms

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Shenzhen Investment Holdings Bay Area Development Co (Shenzhen Investment Holdings Bay Area Development Co) Business Description

Address
30 Harbour Road, Rooms 4902-4916, 49th Floor, Sun Hung Kai Centre, Wanchai, Hong Kong, HKG
Shenzhen Investment Holdings Bay Area Development Co Ltd is an investment holding company that is engaged in the initiation, promotion, development, and operation of toll expressways and bridges in China. The company manages its business in four segments namely Guangzhou-Shenzhen Superhighway, Guangzhou-Zhuhai West Superhighway, Coastal Expressway, and Xintang Interchange. It generates most of the revenue from the Guangzhou-Shenzhen Superhighway segment.

Shenzhen Investment Holdings Bay Area Development Co (Shenzhen Investment Holdings Bay Area Development Co) Headlines