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ITOCHU-SHOKUHIN Co (TSE:2692) 6-Month Price Index : 0.89 (As of Jun. 07, 2024)


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What is ITOCHU-SHOKUHIN 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 (2024-06-07), ITOCHU-SHOKUHIN Co's 6-Month Price Index is 0.89.


Competitive Comparison of ITOCHU-SHOKUHIN Co's 6-Month Price Index

For the Food Distribution subindustry, ITOCHU-SHOKUHIN 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.


ITOCHU-SHOKUHIN Co  (TSE:2692) 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.


ITOCHU-SHOKUHIN Co  (TSE:2692) 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.


ITOCHU-SHOKUHIN Co 6-Month Price Index Related Terms

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ITOCHU-SHOKUHIN Co (TSE:2692) Business Description

Traded in Other Exchanges
N/A
Address
2-2-22 Shiromi, Chuo-ku, Osaka, JPN, 540-8522
ITOCHU-SHOKUHIN Co Ltd is a Japan-based wholesale and distribution of Food company. It is mainly engaged in the sale of food and beverages. Its business division includes The Food Wholesale division which is engaged in the purchase and wholesale of food products and alcohol, the storage and transportation of its products, the provision of information regarding various products, as well as the merchandising business related to product distribution. The others division is involved in the logistics management and transportation business, the retail business, the service business, as well as the food product manufacturing business.

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