Toyo Denki Seizo KK (TSE:6505) 6-Month Price Index : 1.19 (As of May. 24, 2024)

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What is Toyo Denki Seizo KK 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 (2024-05-24), Toyo Denki Seizo KK's 6-Month Price Index is 1.19.

Competitive Comparison of Toyo Denki Seizo KK's 6-Month Price Index

For the Specialty Industrial Machinery subindustry, Toyo Denki Seizo KK'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 Denki Seizo KK (TSE:6505) 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 Denki Seizo KK (TSE:6505) 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 Denki Seizo KK 6-Month Price Index Related Terms

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Toyo Denki Seizo KK (TSE:6505) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Toyo Denki Seizo KK (TSE:6505) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

N/A

Address

Tatemono Yaesu Building 5F 1-4-16, Yaesu, Chuo-ku, Tokyo, JPN, 103-0028

Website

http://www.toyodenki.co.jp

Toyo Denki Seizo KK operates in transportation business, industrial business, ICT solution business, and development center. In the transportation business, it is engaged in electrical equipment for railway vehicles. In the industrial business, the company develops industrial electrical equipment such as motors and inverters for production equipment machines. In the ICT solution business, it develops and manufactures station equipment and remote monitoring systems. At the Development Center, the group is working to expand new businesses and products.

Toyo Denki Seizo KK (TSE:6505) Headlines

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