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Shimizu (Shimizu) 6-Month Price Index : 0.84 (As of Jun. 25, 2024)


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What is Shimizu 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 (2024-06-25), Shimizu's 6-Month Price Index is 0.84.

Competitive Comparison of Shimizu's 6-Month Price Index

For the Engineering & Construction subindustry, Shimizu'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.

Shimizu  (OTCPK:SHMUF) 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.

Shimizu  (OTCPK:SHMUF) 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.

Shimizu 6-Month Price Index Related Terms

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

Shimizu (Shimizu) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Shimizu Corp (OTCPK:SHMUF) » Definitions » 6-Month Price Index
Comparable Companies
TSE:1802 TSE:1944 TSE:1801 TSE:1963 TSE:1721 TSE:5076 TSE:1959 TSE:1951 TSE:1414 TSE:1860 XPAR:DG NSE:LT PWR SHSE:601668 SHSE:601390 TSX:WSP J XKRX:028260 HKSE:01800 XPAR:EN
Traded in Other Exchanges
SHMUY:USA 1803:Japan XSZ:Germany
Address
2-16-1 Kyobashi, Chuo-ku, Shimizu Hall, 2nd Floor, Chuo-Ku, Tokyo, JPN, 104-8370
Website
http://www.shimz.co.jp
Shimizu Corp operates a construction business, and utilizes technology and engineering capabilities to meet customers' needs. It constructs large offices, factories, residential properties, and other large projects. Technology that Shimizu utilizes can revolve around energy-related concerns, disaster prevention, or improve the functionality of structures. The company has three operating segments: construction (the majority of total revenue), real estate development, and other related businesses. The firm generates additional revenue from operation and management services after construction is completed. Japan accounts for the majority of total revenue, but it will take orders from multinational enterprises and customers in different regions.

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