Western Mining Co (SHSE:601168) 6-Month Price Index : 1.44 (As of Jun. 01, 2024)

View and export this data going back to 2007. Start your Free Trial

What is Western Mining 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 (2024-06-01), Western Mining Co's 6-Month Price Index is 1.44.

Competitive Comparison of Western Mining Co's 6-Month Price Index

For the Other Industrial Metals & Mining subindustry, Western Mining 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.

Western Mining Co (SHSE:601168) 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.

Western Mining Co (SHSE:601168) 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.

Western Mining Co 6-Month Price Index Related Terms

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

Western Mining Co (SHSE:601168) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Western Mining Co Ltd (SHSE:601168) » Definitions » 6-Month Price Index

Traded in Other Exchanges

N/A

Address

No.52, No.54 Avenue, Qinghai Province, Xining, CHN, 810001

Website

http://www.westmining.com

Western Mining Co Ltd is a mining company mainly engaged in the comprehensive development of mineral resources in the western region of China. The company's business operations include mining, smelting, and trading of basic non-ferrous metals and ferrous metals such as copper, lead, zinc, and iron. It is divided into four major trading sectors: mining, smelting, trade, and finance.

Western Mining Co (SHSE:601168) Headlines

No Headlines