GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » China Pacific Insurance (Group) Co Ltd (OTCPK:CHPXF) » Definitions » 6-Month Price Index

China Pacific Insurance (Group) Co (China Pacific Insurance (Group) Co) 6-Month Price Index : 1.00 (As of Apr. 27, 2024)


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

What is China Pacific Insurance (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 (2024-04-27), China Pacific Insurance (Group) Co's 6-Month Price Index is 1.00.


Competitive Comparison of China Pacific Insurance (Group) Co's 6-Month Price Index

For the Insurance - Life subindustry, China Pacific Insurance (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.


China Pacific Insurance (Group) Co  (OTCPK:CHPXF) 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.


China Pacific Insurance (Group) Co  (OTCPK:CHPXF) 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.


China Pacific Insurance (Group) Co 6-Month Price Index Related Terms

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


China Pacific Insurance (Group) Co (China Pacific Insurance (Group) Co) Business Description

Traded in Other Exchanges
Address
1 South Zhongshan Road, Huangpu, Shanghai, CHN, 200010
China Pacific Insurance was established in 1988, with headquarter in Beijing. The company is one of the largest providers of life and general insurance products and services. It is China's third-largest life insurer and third-largest general property and casualty insurer. The company strives for an integrated financial services platform that consists of insurance, banking, and asset management.