One Year High typically refers to the highest price that a given equity instrument has reached in the last 52 weeks. In other words it is the highest price that investors paid or were willing to pay for a given stock, fund, or ETF over the past 52 weeks of trading.
Industrial
One Year High
=
Highest Price in the Last 52 Weeks
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6.0
Year High value is used as an indicator to give investors an idea of how a given equity may perform over mid or longer term horizons. The One Year High may be utilized as a naive indicator of how the value of stock is resistant or elastic over the long term investment horizon. For example if the price of a fund or ETF is near a new One Year High, a rational investor may interpret it as a turning point and trade the instrument away or buy additional shares.
Based on recorded statements Industrial and Commercial Bank of China Limited has One Year High of 6.0. This is 85.55% lower than that of Financial sector, and 94.8% lower than that of Money Center Banks industry, The One Year High for all stocks is 83.75% higher than the company.
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