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Fanhua (Fanhua) 6-Month Price Index : 0.47 (As of May. 22, 2024)


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What is Fanhua 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 (2024-05-22), Fanhua's 6-Month Price Index is 0.47.

Competitive Comparison of Fanhua's 6-Month Price Index

For the Insurance Brokers subindustry, Fanhua'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.

Fanhua  (NAS:FANH) 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.

Fanhua  (NAS:FANH) 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.

Fanhua 6-Month Price Index Related Terms

Thank you for viewing the detailed overview of Fanhua's 6-Month Price Index provided by GuruFocus.com. Please click on the following links to see related term pages.

Fanhua (Fanhua) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Fanhua Inc (NAS:FANH) » Definitions » 6-Month Price Index
Comparable Companies
EHTH SLQT ZBAO GOCO HUIZ RELI TIRX QDMID CRD.A MMC AON AJG WTW BRO ERIE BOM:543390 CRVL ASX:SDF ASX:AUB BRP
Traded in Other Exchanges
4CIA:Germany
Address
No.15 West Zhujiang Road, 60th Floor, Pearl River Tower, Guangdong, Guangzhou, CHN, 510623
Website
https://www.fanhuaholdings.com
Fanhua Inc is an independent insurance intermediary company operating in China. The company sells insurance product offerings from various insurance companies through their online platforms Lan Zhanggui, Baowang, and eHuzhu. The company's segments include the insurance agency segment, which mainly consists of providing agency services for distributing life insurance products and P&C insurance products on behalf of insurance companies; and the claims adjusting segment, which consists of providing pre-underwriting survey services, claim adjusting services, disposal of residual value services, loading and unloading supervision services, and consulting services. The insurance agency segment contributes to the majority of the revenue. The company generates all of its revenues from China.