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Nichirei (FRA:NI3) 6-Month Price Index : 1.11 (As of May. 17, 2024)


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What is Nichirei 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 (2024-05-17), Nichirei's 6-Month Price Index is 1.11.

Competitive Comparison of Nichirei's 6-Month Price Index

For the Packaged Foods subindustry, Nichirei'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.

Nichirei  (FRA:NI3) 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.

Nichirei  (FRA:NI3) 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.

Nichirei 6-Month Price Index Related Terms

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

Nichirei (FRA:NI3) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nichirei Corp (FRA:NI3) » Definitions » 6-Month Price Index
Comparable Companies
TSE:2282 TSE:2229 TSE:2809 TSE:2002 TSE:2810 TSE:2811 TSE:2206 TSE:2264 TSE:1332 TSE:2212 XSWX:NESN KHC XPAR:BN GIS NSE:NESTLEIND SHSE:603288 SZSE:300999 SHSE:600887 LSE:ABF BIMBOA
Traded in Other Exchanges
NCHEY:USA 2871:Japan
Address
6-19-20 Tsukiji, Nichirei Higashi-Ginza Building, Chuo-ku, Tokyo, JPN, 104-8402
Website
http://www.nichirei.co.jp
Nichirei Corp is a Japanese packaged-food company. Its segments are: processed foods, marine products, meat and poultry products, logistics, real estate, and biosciences. The company divisions are: Nichirei Foods, Nichirei Fresh, Logistic Group, and Bioscience. The Nichirei Food segment offers frozen foods, acerola products, and retort-pouch foods, while Nichirei Fresh offers marine products such as shrimp, salmon, trout, crab, octopus, squid, and shellfish, along with meat and poultry products like chicken, pork, and beef. The Nichirei Logistics Group offers transportation, delivery, and regional storage network services. The Bioscience division develops products (for example, antibodies, solution concentrate) and services for medical, cosmetics, health, and biotech companies.

Nichirei (FRA:NI3) Headlines

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