GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Changzhou Xingyu Automotive Lighting Systems Co Ltd (SHSE:601799) » Definitions » 6-Month Price Index

Changzhou Xingyu Automotive Lighting Systems Co (SHSE:601799) 6-Month Price Index : 0.87 (As of May. 23, 2024)


View and export this data going back to 2011. Start your Free Trial

What is Changzhou Xingyu Automotive Lighting Systems 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 (2024-05-23), Changzhou Xingyu Automotive Lighting Systems Co's 6-Month Price Index is 0.87.

Competitive Comparison of Changzhou Xingyu Automotive Lighting Systems Co's 6-Month Price Index

For the Auto Parts subindustry, Changzhou Xingyu Automotive Lighting Systems 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.

Changzhou Xingyu Automotive Lighting Systems Co  (SHSE:601799) 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.

Changzhou Xingyu Automotive Lighting Systems Co  (SHSE:601799) 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.

Changzhou Xingyu Automotive Lighting Systems Co 6-Month Price Index Related Terms

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

Changzhou Xingyu Automotive Lighting Systems Co (SHSE:601799) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Changzhou Xingyu Automotive Lighting Systems Co Ltd (SHSE:601799) » Definitions » 6-Month Price Index
Comparable Companies
SZSE:002602 SHSE:601058 SHSE:603596 SHSE:688819 SZSE:002625 SHSE:601966 SHSE:603786 SHSE:600741 SHSE:600699 SZSE:002984 TSE:6902 MBLY TSE:5108 APTV XPAR:ML ISX:ASII XKRX:012330 TSX:MG SHSE:600660 XTER:CON
Traded in Other Exchanges
N/A
Address
No. 182 Qinling Road, Xinbei District, Jiangsu, Changzhou, CHN, 213022
Website
http://www.en.xyl.cn
Changzhou Xingyu Automotive Lighting Systems Co Ltd specializes in the development, manufacturing, and sale of automotive lighting in China. The company has various type of equipment namely large injection molding machines, multicolor injection molding machines, plastic surface photo-curing lines, robot gluing and paining stations, vibration, and friction welding machines, vacuum aluminum plating machines and other.

Changzhou Xingyu Automotive Lighting Systems Co (SHSE:601799) Headlines

No Headlines