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SITC International Holdings Co (SITC International Holdings Co) 6-Month Price Index : 1.86 (As of Jun. 09, 2024)


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What is SITC International Holdings 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 (2024-06-09), SITC International Holdings Co's 6-Month Price Index is 1.86.


Competitive Comparison of SITC International Holdings Co's 6-Month Price Index

For the Marine Shipping subindustry, SITC International Holdings 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.


SITC International Holdings Co  (OTCPK:SITIY) 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.


SITC International Holdings Co  (OTCPK:SITIY) 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.


SITC International Holdings Co 6-Month Price Index Related Terms

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SITC International Holdings Co (SITC International Holdings Co) Business Description

Traded in Other Exchanges
Address
6-8 Harbour Road, 31/F, Shui On Centre, Wanchai, Hong Kong, HKG
SITC International Holdings Co Ltd is a shipping company operating within Asia under two reportable segments: the container shipping and logistics segment and the dry bulk and others segment. Nearly all of SITC International's revenue comes from the container shipping and logistics segment, which covers the provision of container transportation, freight forwarding, shipping agency, depot, and warehousing. The dry bulk and others segment provides services of dry bulk vessel leasing, land leasing, and other services. Geographically, it derives majority of its revenue from Greater China.

SITC International Holdings Co (SITC International Holdings Co) Headlines

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