GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Agora Hospitality Group Co Ltd (TSE:9704) » Definitions » 6-Month Price Index

Agora Hospitality Group Co (TSE:9704) 6-Month Price Index : 1.96 (As of Jun. 09, 2024)


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

What is Agora Hospitality Group 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 (2024-06-09), Agora Hospitality Group Co's 6-Month Price Index is 1.96.


Competitive Comparison of Agora Hospitality Group Co's 6-Month Price Index

For the Lodging subindustry, Agora Hospitality Group 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.


Agora Hospitality Group Co  (TSE:9704) 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.


Agora Hospitality Group Co  (TSE:9704) 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.


Agora Hospitality Group Co 6-Month Price Index Related Terms

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


Agora Hospitality Group Co (TSE:9704) Business Description

Traded in Other Exchanges
Address
5-2-6 Toranomon, Minato-ku, 7 Floor, Toranomon Dai 2 Waiko Building, Tokyo, JPN, 105-0001
Agora Hospitality Group Co Ltd operates Japanese style hotels. The company administers its business in two divisions including Hospitality business, and Other investment business. Its Hospitality business is involved in hotel operations including city hotels, business hotels, hotels inn, and resort hotels. Other investment business invests in residential buildings located in central Tokyo. It also engages in developing and selling burial plots and columbarium in Klang Valley, Malaysia, as well as developing retirement homes, village, retail shops, and hotels in Melbourne.

Agora Hospitality Group Co (TSE:9704) Headlines

No Headlines