Adeka (TSE:4401) 6-Month Price Index : 1.14 (As of May. 25, 2024)

View and export this data going back to 1949. Start your Free Trial

What is Adeka 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 (2024-05-25), Adeka's 6-Month Price Index is 1.14.

Competitive Comparison of Adeka's 6-Month Price Index

For the Specialty Chemicals subindustry, Adeka'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.

Adeka (TSE:4401) 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.

Adeka (TSE:4401) 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.

Adeka 6-Month Price Index Related Terms

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

Adeka (TSE:4401) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Adeka Corp (TSE:4401) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

N/A

Address

7-2-35 Higashi-ogu, Arakawa-ku, Tokyo, JPN, 116-8554

Website

http://www.adeka.co.jp

Adeka Corp is a Japanese firm engaged in the chemical and foods business. The company mainly produces circuit materials, lubricant additives, photo curing resins, flame retardants, civil engineering and construction materials, polyolefin additives, plasticizers, margarine, fillings, and shortening products. Its products have a broad application base across various industries.

Adeka (TSE:4401) Headlines

No Headlines