GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Electra Real Estate Ltd (XTAE:ELCRE) » Definitions » 6-Month Price Index

Electra Real Estate (XTAE:ELCRE) 6-Month Price Index : 1.51 (As of Dec. 15, 2024)


View and export this data going back to 2005. Start your Free Trial

What is Electra Real Estate 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 (2024-12-15), Electra Real Estate's 6-Month Price Index is 1.51.


Competitive Comparison of Electra Real Estate's 6-Month Price Index

For the Real Estate Services subindustry, Electra Real Estate'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.


Electra Real Estate  (XTAE:ELCRE) 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.


Electra Real Estate  (XTAE:ELCRE) 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.


Electra Real Estate 6-Month Price Index Related Terms

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


Electra Real Estate Business Description

Traded in Other Exchanges
N/A
Address
98 Yigal Alon Street, Tel-Aviv, ISR, 67891
Electra Real Estate Ltd is engaged in the acquisition, rental and disposal of income-generating assets in Israel and abroad as well as in the locating, acquisition, management and enhancement of housing complexes in the United States.

Electra Real Estate Headlines

No Headlines