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Akfen Gayrimenkul Yatirim Ortakligi (IST:AKFGY) 6-Month Price Index : 1.10 (As of Jun. 10, 2024)


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What is Akfen Gayrimenkul Yatirim Ortakligi 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 (2024-06-10), Akfen Gayrimenkul Yatirim Ortakligi's 6-Month Price Index is 1.10.


Competitive Comparison of Akfen Gayrimenkul Yatirim Ortakligi's 6-Month Price Index

For the REIT - Hotel & Motel subindustry, Akfen Gayrimenkul Yatirim Ortakligi'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.


Akfen Gayrimenkul Yatirim Ortakligi  (IST:AKFGY) 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.


Akfen Gayrimenkul Yatirim Ortakligi  (IST:AKFGY) 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.


Akfen Gayrimenkul Yatirim Ortakligi 6-Month Price Index Related Terms

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


Akfen Gayrimenkul Yatirim Ortakligi (IST:AKFGY) Business Description

Traded in Other Exchanges
N/A
Address
Levent Loft, Büyükdere Cad. No:201, C Blok Kat 8, Istanbul, TUR
Akfen Gayrimenkul Yatirim Ortakligi is a real estate investment trust. The group's main operations and activities are investing in real estates, real estate projects, and real estate-based capital markets instruments and to create and develop a real estate portfolio. The group is mainly developing hotels with Ibis Hotel and Novotel trademarks and leasing the hotels to Tamaris Turizm A.S. It is organized geographically across three principal operating segments: Turkey, Northern Cyprus, and Russia. Geographically the company receives maximum revenue from Turkey.

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