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Toyo Seikan Group Holdings (FRA:TQN) 6-Month Price Index : 1.01 (As of Jun. 10, 2024)


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What is Toyo Seikan Group 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 (2024-06-10), Toyo Seikan Group Holdings's 6-Month Price Index is 1.01.


Competitive Comparison of Toyo Seikan Group Holdings's 6-Month Price Index

For the Packaging & Containers subindustry, Toyo Seikan Group 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.


Toyo Seikan Group Holdings  (FRA:TQN) 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.


Toyo Seikan Group Holdings  (FRA:TQN) 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.


Toyo Seikan Group Holdings 6-Month Price Index Related Terms

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Toyo Seikan Group Holdings (FRA:TQN) Business Description

Traded in Other Exchanges
Address
2-18-1 Higashi-Gotanda, Osaki Forest Building, Shinagawa-ku, Tokyo, JPN, 141-8640
Toyo Seikan Group Holdings is a holding company that, through its subsidiaries, manufactures and sells packaging, steel plates, functional materials, and packaging machinery. The company also has a logistics business that engages in motor truck transportation and warehouse operations, as well as a real estate business. The vast majority of revenue comes from the firm's packaging business, which sells metal cans, plastic containers, caps, bottles, paper containers, and aerosol products. The packaging business also sells equipment that shapes and manufactures packaging products. The vast majority of revenue comes from Japan.

Toyo Seikan Group Holdings (FRA:TQN) Headlines

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