ARAYA INDUSTRIAL Co (TSE:7305) 6-Month Price Index : 1.86 (As of Jun. 16, 2024)

View and export this data going back to 2002. Start your Free Trial

What is ARAYA INDUSTRIAL 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 (2024-06-16), ARAYA INDUSTRIAL Co's 6-Month Price Index is 1.86.

Competitive Comparison of ARAYA INDUSTRIAL Co's 6-Month Price Index

For the Steel subindustry, ARAYA INDUSTRIAL 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.

ARAYA INDUSTRIAL Co (TSE:7305) 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.

ARAYA INDUSTRIAL Co (TSE:7305) 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.

ARAYA INDUSTRIAL Co 6-Month Price Index Related Terms

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

ARAYA INDUSTRIAL Co (TSE:7305) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » ARAYA INDUSTRIAL Co Ltd (TSE:7305) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

N/A

Address

12-12 Minamisenba, Chuo-ku, Osaka, JPN, 542-0081

Website

http://www.araya-kk.co.jp

ARAYA INDUSTRIAL CO., Ltd. is engaged in the manufacturing and selling of high-quality, high-performance iron, stainless steel pipe and others by metal processing technology Roll Forming. Its product offering includes steel pipe, welfare equipment, rim for the bicycle, pipe cutting machine, pipe/sheet metal processing machine and other special purpose machines. The company's products are used in a wide range of fields including automobiles, motorcycles, bicycles, buildings, furniture, industrial machinery, welfare equipment, and logistics equipment.

ARAYA INDUSTRIAL Co (TSE:7305) Headlines

No Headlines