GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Adairs Ltd (ASX:ADH) » Definitions » 6-Month Price Index

Adairs (ASX:ADH) 6-Month Price Index : 1.13 (As of Jun. 01, 2024)


View and export this data going back to 2015. Start your Free Trial

What is Adairs 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 (2024-06-01), Adairs's 6-Month Price Index is 1.13.

Competitive Comparison of Adairs's 6-Month Price Index

For the Specialty Retail subindustry, Adairs'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.

Adairs  (ASX:ADH) 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.

Adairs  (ASX:ADH) 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.

Adairs 6-Month Price Index Related Terms

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

Adairs (ASX:ADH) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Adairs Ltd (ASX:ADH) » Definitions » 6-Month Price Index
Comparable Companies
ASX:BBN ASX:SSG ASX:CCV ASX:JYC ASX:SHM ASX:DSK ASX:BKG ASX:BLX ASX:SRY ASX:NCK ORLY TSX:ATD AZO SHSE:601888 TSCO ULTA GPC BBY ADX:ADNOCDIST CASY
Traded in Other Exchanges
1FQ:Germany
Address
2 International Court, Scoresby, Melbourne, VIC, AUS, 3179
Website
https://www.adairs.com.au
Adairs Ltd is engaged in the retailing of homewares and home furnishings in Australia and New Zealand. The company's product range includes categories, such as quilt covers and coverlets, sheets, cotton flannelette, pillowcases, quilts, pillows, mattress protectors, pillow protectors, blankets, nursery products, valances, bed wraps, bedspreads, and slippers, kids beach products and towels, cushions, throws, gifts and toys, wall arts, rugs, laundry, and home care products, chairs, bedheads, storage and shelves, ottomans and bench seats, and tables, as well as pots and plants, baskets, throws, home decor, and fragrance products, mirrors, lighting products, and tableware and pets products. Its operating segments are Adairs, Focus and Mocka.

Adairs (ASX:ADH) Headlines

No Headlines