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Seiryo Electric (TSE:4341) 6-Month Price Index : 0.99 (As of May. 27, 2024)


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What is Seiryo Electric 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 (2024-05-27), Seiryo Electric's 6-Month Price Index is 0.99.


Competitive Comparison of Seiryo Electric's 6-Month Price Index

For the Telecom Services subindustry, Seiryo Electric'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.


Seiryo Electric  (TSE:4341) 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.


Seiryo Electric  (TSE:4341) 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.


Seiryo Electric 6-Month Price Index Related Terms

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Seiryo Electric (TSE:4341) Business Description

Traded in Other Exchanges
N/A
Address
2-4-27, Dojima, Kita-ku, Shinfujita Building, Osaka, JPN, 530-0003
Seiryo Electric Corp sales and maintains information communications products equipped with visual aids, such as traffic monitoring systems and meteorological observation instruments. Its system solutions include Radio system and Tracking management solution which is designed to monitor in real-time critical information from surveillance systems like live videos from CCTV, and warning notifications can be shown on digital signage system and issued for preventive actions. It also provides consulting, designing and operations of systems.

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