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Shandong Hi-Speed Co (SHSE:600350) 6-Month Price Index : 1.32 (As of May. 22, 2024)


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What is Shandong Hi-Speed 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 (2024-05-22), Shandong Hi-Speed Co's 6-Month Price Index is 1.32.

Competitive Comparison of Shandong Hi-Speed Co's 6-Month Price Index

For the Infrastructure Operations subindustry, Shandong Hi-Speed 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.

Shandong Hi-Speed Co  (SHSE:600350) 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.

Shandong Hi-Speed Co  (SHSE:600350) 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.

Shandong Hi-Speed Co 6-Month Price Index Related Terms

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Shandong Hi-Speed Co (SHSE:600350) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Shandong Hi-Speed Co Ltd (SHSE:600350) » Definitions » 6-Month Price Index
Comparable Companies
SHSE:600377 SZSE:000429 SHSE:600012 SHSE:600548 SHSE:601107 SZSE:001965 SHSE:600269 SZSE:000828 SHSE:600033 SHSE:600020 XMAD:FER ASX:TCL DFM:SALIK BOM:532947 ASX:ALX BSP:CCRO3 VRRM HKSE:00576 PINFRA ATH:AIA
Traded in Other Exchanges
N/A
Address
No. 5006, Aoti Middle Road, Shandong, Jinan, CHN, 250101
Website
http://www.sdecl.com.cn
Shandong Hi-Speed Co Ltd is a China-based company mainly engaged in the investment and operation of transportation infrastructure. It is also engaged in activities of equity investment in the upstream and downstream industries, finance, and environmental protection of the highway industry chain. It operates and maintains toll roads, bridges, tunnels, and other infrastructure facilities. The company earns majority revenue in the form of Toll, railway transportation, sales of goods, project construction, and other businesses.

Shandong Hi-Speed Co (SHSE:600350) Headlines

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