GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Daiwa Industries Ltd (OTCPK:DAWIF) » Definitions » 6-Month Price Index

Daiwa Industries (Daiwa Industries) 6-Month Price Index : 1.02 (As of Apr. 27, 2024)


View and export this data going back to 2010. Start your Free Trial

What is Daiwa Industries 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), Daiwa Industries's 6-Month Price Index is 1.02.


Competitive Comparison of Daiwa Industries's 6-Month Price Index

For the Specialty Industrial Machinery subindustry, Daiwa Industries'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.


Daiwa Industries  (OTCPK:DAWIF) 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.


Daiwa Industries  (OTCPK:DAWIF) 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.


Daiwa Industries 6-Month Price Index Related Terms

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


Daiwa Industries (Daiwa Industries) Business Description

Traded in Other Exchanges
Address
3-13 Obase-cho, Daiwa Reiki Uehonmachi DRK Building, Tennoji-ward, Osaka, JPN, 543-0028
Daiwa Industries Ltd is a Japanese company that primarily manufactures, sells, and leases freezers, refrigerators, showcases, ice machines, vending machines, cold-applied products, kitchen equipment, equipment, and parts. The company is also involved in planning, designing, and construction of stores and kitchens. Other business activities of the company include construction work and power generation.

Daiwa Industries (Daiwa Industries) Headlines

From GuruFocus

Daiwa Industries Ltd: A (Very) Profitable Japanese Net-Net

By Jerry Zhao Jerry Zhao 05-15-2012