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Daikin Industries (Daikin Industries) 6-Month Price Index : 0.97 (As of May. 02, 2024)


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What is Daikin 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 (2024-05-02), Daikin Industries's 6-Month Price Index is 0.97.

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

For the Building Products & Equipment subindustry, Daikin 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.

Daikin Industries  (OTCPK:DKILF) 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.

Daikin Industries  (OTCPK:DKILF) 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.

Daikin Industries 6-Month Price Index Related Terms

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

Daikin Industries (Daikin Industries) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Daikin Industries Ltd (OTCPK:DKILF) » Definitions » 6-Month Price Index
Comparable Companies
TSE:5938 TSE:5929 TSE:1969 TSE:1979 TSE:7943 TSE:5930 TSE:5273 TSE:4212 TSE:5351 TSE:4216 TT CARR JCI XPAR:SGO XSWX:GEBN BLDR LII DUB:KRX CSL MAS
Traded in Other Exchanges
DKILY:USA 6367:Japan DKIA:Germany DKI:Austria
Address
Umeda Center Building, 2-4-12, Nakazaki-Nishi, Kita-ku, Osaka, JPN, 530-8323
Website
http://www.daikin.com
Daikin Industries is one of the world's largest heating, ventilating and air conditioning, or HVAC, companies. North America, Japan, China, and Europe are Daikin's four biggest markets, accounting for 24.1%, 23.7%, 16.7%, and 14.5% of fiscal 2018 revenue, respectively. Air conditioning accounted for around 90% of revenue and operating profit, while chemicals and others made up the balance.

Daikin Industries (Daikin Industries) Headlines

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