GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Chugai Ro Co Ltd (TSE:1964) » Definitions » 6-Month Price Index

Chugai Ro Co (TSE:1964) 6-Month Price Index : 1.51 (As of May. 29, 2024)


View and export this data going back to 1970. Start your Free Trial

What is Chugai Ro Co 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 (2024-05-29), Chugai Ro Co's 6-Month Price Index is 1.51.


Competitive Comparison of Chugai Ro Co's 6-Month Price Index

For the Specialty Industrial Machinery subindustry, Chugai Ro Co'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.


Chugai Ro Co  (TSE:1964) 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.


Chugai Ro Co  (TSE:1964) 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.


Chugai Ro Co 6-Month Price Index Related Terms

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


Chugai Ro Co (TSE:1964) Business Description

Traded in Other Exchanges
N/A
Address
3-6-1 Hiranomachi, Chuo-ku, Osaka, JPN, 541-0046
Chugai Ro Co Ltd is engaged in the development of technologies in the thermal technology field. The company operates through three segments namely Energy, Environmental preservation, and Information or communications. It offers various products including heat treatment furnaces for automobile machine parts, steel and nonferrous-metal heating furnaces, gas burner, film coating and drying equipment and environmental equipment and others.

Chugai Ro Co (TSE:1964) Headlines

No Headlines