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Zhejiang Weiming Environment Protection Co (SHSE:603568) 6-Month Price Index : 1.19 (As of May. 18, 2024)


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What is Zhejiang Weiming Environment Protection 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 (2024-05-18), Zhejiang Weiming Environment Protection Co's 6-Month Price Index is 1.19.

Competitive Comparison of Zhejiang Weiming Environment Protection Co's 6-Month Price Index

For the Waste Management subindustry, Zhejiang Weiming Environment Protection 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.

Zhejiang Weiming Environment Protection Co  (SHSE:603568) 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.

Zhejiang Weiming Environment Protection Co  (SHSE:603568) 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.

Zhejiang Weiming Environment Protection Co 6-Month Price Index Related Terms

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Zhejiang Weiming Environment Protection Co (SHSE:603568) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Zhejiang Weiming Environment Protection Co Ltd (SHSE:603568) » Definitions » 6-Month Price Index
Comparable Companies
SZSE:002340 SZSE:300070 SZSE:000035 SHSE:601827 SHSE:603588 SHSE:601200 SZSE:301500 SHSE:600874 SZSE:301175 SZSE:301109 WM RSG WCN XPAR:VIE GFL CLH XMAD:FCC CWST SRCL ASX:CWY
Traded in Other Exchanges
N/A
Address
525 Shifu Road, 16th Floor, Tongren Hengjiu Building, Zhejiang, Wenzhou, CHN, 325088
Website
http://www.cnweiming.com
Zhejiang Weiming Environment Protection Co Ltd is a China-based company engaged in solid waste disposal business. It is focused on solid waste-related technological development, equipment manufacturing and sales, project investment, project construction, and operational management. The company is also engaged in waste incineration power generation projects. The company's products include waste incineration grate, boiler, and flue gas treatment system.

Zhejiang Weiming Environment Protection Co (SHSE:603568) Headlines

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