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Tencent Holdings (HKSE:00700) 6-Month Price Index : 1.21 (As of Apr. 27, 2024)


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What is Tencent Holdings 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 (2024-04-27), Tencent Holdings's 6-Month Price Index is 1.21.

Competitive Comparison of Tencent Holdings's 6-Month Price Index

For the Internet Content & Information subindustry, Tencent Holdings'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.

Tencent Holdings  (HKSE:00700) 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.

Tencent Holdings  (HKSE:00700) 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.

Tencent Holdings 6-Month Price Index Related Terms

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

Tencent Holdings (HKSE:00700) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Tencent Holdings Ltd (HKSE:00700) » Definitions » 6-Month Price Index
Comparable Companies
HKSE:01024 HKSE:00772 HKSE:09899 HKSE:01357 HKSE:01896 HKSE:03700 HKSE:02008 HKSE:00543 HKSE:01980 HKSE:00150 GOOGL META XAMS:PRX TSE:6098 DASH SPOT BIDU JSE:NPN PINS XKRX:035420
Traded in Other Exchanges
TCTZF:USA TCEHY:USA TCEHY:Mexico 0Z4S:UK NNN:Germany NNND:Austria
Address
No. 33 Haitian 2nd Road, Tencent Binhai Towers, Nanshan District, Shenzhen, CHN, 518054
Website
http://www.tencent.com
Tencent is arguably the most influential internet firm in China as one can hardly go by a day without using its products. Tencent is the world's largest video game vendor and owns the world's top-grossing mobile game--Honor of Kings. Tencent also runs China's largest social media super app--WeChat. The app is now part of the fabric of life for Chinese people who use it to chat, shop, watch videos, play games, order food and taxis, and more. Equally as impressive as its own portfolio, Tencent is also among the world's largest venture capital and investment corporations. The firm is now one of the largest shareholders in leading tech companies like Meituan, JD, DiDi, Snap, PDD, Kuaishou, Epic Games, and more.

Tencent Holdings (HKSE:00700) Headlines

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