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Emeren Group (Emeren Group) 6-Month Price Index : 0.75 (As of Apr. 28, 2024)


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What is Emeren Group 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 (2024-04-28), Emeren Group's 6-Month Price Index is 0.75.

Competitive Comparison of Emeren Group's 6-Month Price Index

For the Solar subindustry, Emeren Group'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.

Emeren Group  (NYSE:SOL) 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.

Emeren Group  (NYSE:SOL) 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.

Emeren Group 6-Month Price Index Related Terms

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Emeren Group (Emeren Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Emeren Group Ltd (NYSE:SOL) » Definitions » 6-Month Price Index
Comparable Companies
BEEM VSTE MAXN HYSR SPRU FTCI TYGO ZEO PXPC CSLR FSLR ENPH SHSE:688223 SZSE:002459 NXT SHSE:688599 HKSE:00968 SHSE:688472 HKSE:03800 SEDG
Traded in Other Exchanges
SOL:Mexico VQKB:Germany VQKB:Germany
Address
100 First Stamford Place, Suite 302, Stamford, CT, USA, 06902
Website
https://www.emeren.com
Emeren Group Ltd is a leading global solar project developer, owner, and operator with a ~3 GW pipeline of projects and IPP assets across Europe, North America, and Asia. The company focuses on solar power project development, construction management, and project financing services with local professional teams in more than 10 countries.
Executives
Capital Management Shah director, 10 percent owner 8601 SIX FORKS ROAD, SUITE 630, RALEIGH NC 27615