GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Toyo Tire Corp (OTCPK:TOTTF) » Definitions » 6-Month Price Index

Toyo Tire (Toyo Tire) 6-Month Price Index : 1.06 (As of Jun. 09, 2024)


View and export this data going back to 2013. Start your Free Trial

What is Toyo Tire 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 (2024-06-09), Toyo Tire's 6-Month Price Index is 1.06.

Competitive Comparison of Toyo Tire's 6-Month Price Index

For the Auto Parts subindustry, Toyo Tire'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.

Toyo Tire  (OTCPK:TOTTF) 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.

Toyo Tire  (OTCPK:TOTTF) 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.

Toyo Tire 6-Month Price Index Related Terms

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

Toyo Tire (Toyo Tire) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Toyo Tire Corp (OTCPK:TOTTF) » Definitions » 6-Month Price Index
Comparable Companies
TSE:7988 TSE:7240 TSE:7282 TSE:6923 TSE:6471 TSE:5110 TSE:6592 TSE:6473 TSE:5101 TSE:5991 TSE:6902 MBLY TSE:5108 APTV XPAR:ML ISX:ASII XKRX:012330 TSX:MG SHSE:600660 XTER:CON
Traded in Other Exchanges
5105:Japan
Address
2-2-13 Fujinoki, Hyogo, Itami, JPN, 664-0847
Website
https://www.toyotires.co.jp
Toyo Tire Corp manufactures and sells tires, rubber tubes, industrial rubber, polyurethane products, and automotive parts. The majority of the company's revenue is amassed through Japanese and North American sales. Toyo Tire & Rubber's tires are developed through micro-level research and analysis. Optimal tire performance is gained through proprietary nano-level blending techniques that provide uniform polymer dispersion. Additional enhancements are gained through driving simulation and propriety T mode simulation. Simulation testing methods enable the company to monitor tire behavior and construction under various situations.

Toyo Tire (Toyo Tire) Headlines

No Headlines