Harbin Bank Co (FRA:5H6) 6-Month Price Index : 1.59 (As of Jun. 08, 2024)

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What is Harbin Bank 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), Harbin Bank Co's 6-Month Price Index is 1.59.

Competitive Comparison of Harbin Bank Co's 6-Month Price Index

For the Banks - Regional subindustry, Harbin Bank 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.

Harbin Bank Co (FRA:5H6) 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.

Harbin Bank Co (FRA:5H6) 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.

Harbin Bank Co 6-Month Price Index Related Terms

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Harbin Bank Co (FRA:5H6) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Harbin Bank Co Ltd (FRA:5H6) » Definitions » 6-Month Price Index

Traded in Other Exchanges

06138:Hong Kong

Address

No. 888 Shangjiang Street, Daoli District, Harbin, CHN, 150010

Website

https://www.hrbb.com.cn

Harbin Bank Co Ltd is a China-based company that operates a financial business throughout mainland China. The company's core businesses consist of the corporate banking business, which provides corporate customers with financial products and services, such as deposits, loans, settlement, clearing, and others; the retail banking business, which provides retail customers with financial products and services, such as deposits, bank cards, credit cards, personal loans, collateral loans, and personal wealth-management services; and the interbank financial business, which is involved in money market placements, investments, repurchasing, and foreign exchange transactions. The company generates over half of its revenue from the Heilongjiang province.

Harbin Bank Co (FRA:5H6) Headlines

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