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COSCO SHIPPING Specialized Carriers Co (SHSE:600428) 6-Month Price Index : 1.19 (As of Jun. 02, 2024)


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What is COSCO SHIPPING Specialized Carriers 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 (2024-06-02), COSCO SHIPPING Specialized Carriers Co's 6-Month Price Index is 1.19.


Competitive Comparison of COSCO SHIPPING Specialized Carriers Co's 6-Month Price Index

For the Marine Shipping subindustry, COSCO SHIPPING Specialized Carriers 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.


COSCO SHIPPING Specialized Carriers Co  (SHSE:600428) 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.


COSCO SHIPPING Specialized Carriers Co  (SHSE:600428) 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.


COSCO SHIPPING Specialized Carriers Co 6-Month Price Index Related Terms

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COSCO SHIPPING Specialized Carriers Co (SHSE:600428) Business Description

Traded in Other Exchanges
N/A
Address
No. 282 Dongjiang Avenue, Free Trade Zone, Kangsheng Building, Guangdong Province, Guangzhou, CHN, 510623
COSCO Shipping is mainly engaged in the multipurpose shipping business. It also offers specialized shipping services. The company's specialized shipping unit owns semisubmersible ships, heavy-lift ships, roll-on/roll-off vessels, and vehicle carriers. Parent company COSCO owns a 50.13% stake in COSCO Shipping. At the end of December 2010, COSCO Shipping owned 77 ships with a total shipping capacity of 1.3173 million deadweight tons.
Executives
Han Guo Min senior management
Fang Zhi Wei Supervisors
Guo Jing Director
Lin Jing Wei senior management
Guo Fu Xiang senior management
Lai Yi Guang senior management
Tan Jin Song Director
Du Jun Ming senior management
Xue Jun Dong senior management
Jin Li Zuo Director

COSCO SHIPPING Specialized Carriers Co (SHSE:600428) Headlines

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