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Jinshang Bank Co (HKSE:02558) 6-Month Price Index : 1.24 (As of May. 15, 2024)


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What is Jinshang 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 (2024-05-15), Jinshang Bank Co's 6-Month Price Index is 1.24.

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

For the Banks - Regional subindustry, Jinshang 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.

Jinshang Bank Co  (HKSE:02558) 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.

Jinshang Bank Co  (HKSE:02558) 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.

Jinshang Bank Co 6-Month Price Index Related Terms

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

Jinshang Bank Co (HKSE:02558) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Jinshang Bank Co Ltd (HKSE:02558) » Definitions » 6-Month Price Index
Comparable Companies
HKSE:02356 HKSE:01983 HKSE:02139 HKSE:00440 HKSE:01916 HKSE:06122 HKSE:01578 HKSE:06138 HKSE:01216 HKSE:00626 CAR:BPV CAR:MVZ.A CAR:BNC NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 ISX:BBCA XPAR:BNP MIC:SBER
Traded in Other Exchanges
N/A
Address
No. 59 Changfeng Street, Xiaodian District, Shanxi Province, Taiyuan, CHN, 030000
Website
https://www.jshbank.com
Jinshang Bank Co Ltd operates as a commercial bank. It offers deposits, loans, credit card, and other banking services. The bank's operating segments are Corporate banking, Retail banking, Treasury business, and others segment. It generates a majority of its revenue from the corporate banking segment which is engaged in the provision of a range of financial products and services to corporations, government agencies, and financial institutions. These products and services include corporate loans and advances, trade financing, deposit-taking activities, agency services, wealth management services, consulting and advisory services, remittance and settlement services and guarantee services among others.

Jinshang Bank Co (HKSE:02558) Headlines

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