GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Nippon Telegraph & Telephone Corp (OTCPK:NTTYY) » Definitions » 6-Month Price Index

NTTYY (Nippon Telegraph & Telephone) 6-Month Price Index : 1.08 (As of Dec. 12, 2024)


View and export this data going back to 1994. Start your Free Trial

What is Nippon Telegraph & Telephone 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 (2024-12-12), Nippon Telegraph & Telephone's 6-Month Price Index is 1.08.


Competitive Comparison of Nippon Telegraph & Telephone's 6-Month Price Index

For the Telecom Services subindustry, Nippon Telegraph & Telephone'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.


Nippon Telegraph & Telephone  (OTCPK:NTTYY) 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.


Nippon Telegraph & Telephone  (OTCPK:NTTYY) 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.


Nippon Telegraph & Telephone 6-Month Price Index Related Terms

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


Nippon Telegraph & Telephone Business Description

Address
5-1, Otemachi 1-Chome, Otemachi First Square, East Tower, Chiyoda-Ku, Tokyo, JPN, 100-8116
NTT owns NTT DoCoMo, the largest wireless operator in Japan, with 90.1 million subscribers. It also owns NTT East and NTT West, the two regional incumbent fixed-line operators in Japan, with about 23.7 million broadband lines (around 72% of which are wholesaled). The firm also provides IT and communications systems integration via NTT Communications and 52.4%-owned NTT Data.