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Yokohama Rubber Co (Yokohama Rubber Co) 6-Month Price Index : 1.18 (As of Apr. 27, 2024)


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What is Yokohama Rubber 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 (2024-04-27), Yokohama Rubber Co's 6-Month Price Index is 1.18.

Competitive Comparison of Yokohama Rubber Co's 6-Month Price Index

For the Auto Parts subindustry, Yokohama Rubber 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.

Yokohama Rubber Co  (OTCPK:YORUF) 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.

Yokohama Rubber Co  (OTCPK:YORUF) 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.

Yokohama Rubber Co 6-Month Price Index Related Terms

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Yokohama Rubber Co (Yokohama Rubber Co) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Yokohama Rubber Co Ltd (OTCPK:YORUF) » Definitions » 6-Month Price Index
Comparable Companies
TSE:6923 TSE:3116 TSE:6473 TSE:5110 TSE:6471 TSE:5334 TSE:5105 TSE:7276 TSE:7988 TSE:7282 TSE:6902 MBLY TSE:5108 XPAR:ML APTV XTER:CON TSX:MG XKRX:012330 ISX:ASII SHSE:600660
Traded in Other Exchanges
5101:Japan
Address
36-11, Shimbashi 5-chome, Minato-ku, Tokyo, JPN, 105-8685
Website
https://www.y-yokohama.com
Yokohama Rubber Co Ltd makes and sells rubber tires, wheels, and other components in two primary segments based on product type: The tires segment, which generates the majority of revenue, sells rubber tires and wheels for automobiles under the Yokohama and Advan brand names; the multiple businesses segment sells hose and couplings, conveyor belts, marine hoses, pneumatic genders, sealants and adhesives, aerospace components, and electronic materials. The majority of revenue comes from Japan.

Yokohama Rubber Co (Yokohama Rubber Co) Headlines

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