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China Spacesat Co (SHSE:600118) 6-Month Price Index : 0.91 (As of Jun. 07, 2024)


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What is China Spacesat 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 (2024-06-07), China Spacesat Co's 6-Month Price Index is 0.91.


Competitive Comparison of China Spacesat Co's 6-Month Price Index

For the Aerospace & Defense subindustry, China Spacesat 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 Spacesat Co  (SHSE:600118) 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 Spacesat Co  (SHSE:600118) 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 Spacesat Co 6-Month Price Index Related Terms

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China Spacesat Co (SHSE:600118) Business Description

Traded in Other Exchanges
N/A
Address
No. 31 Zhongguancun South Street, Shenzhou Tower, 12F, Haidian District, Beijing, Beijing, CHN, 100081
China Spacesat Co Ltd is a China-based company engages in the development of small satellites, satellite ground systems, and related equipment. Its products offer aerospace system integration, large-scale ground station systems integration, satellite communications applications, satellite navigation applications and information transmission. The company operates its business in North China, northwest of China and South China.
Executives
Yan Zhong Wen Director
Wang Li senior management
Wan Yin Juan senior management

China Spacesat Co (SHSE:600118) Headlines

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