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Transurban Group (ASX:TCL) 6-Month Price Index : 1.05 (As of Apr. 28, 2024)


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What is Transurban Group 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 (2024-04-28), Transurban Group's 6-Month Price Index is 1.05.

Competitive Comparison of Transurban Group's 6-Month Price Index

For the Infrastructure Operations subindustry, Transurban Group'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.

Transurban Group  (ASX:TCL) 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.

Transurban Group  (ASX:TCL) 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.

Transurban Group 6-Month Price Index Related Terms

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

Transurban Group (ASX:TCL) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Transurban Group (ASX:TCL) » Definitions » 6-Month Price Index
Comparable Companies
ASX:ALX ASX:VNT ASX:SPZ ASX:AVD XMAD:FER SZSE:001965 DFM:SALIK SHSE:600377 IDEALB-1 BSP:CCRO3 SHSE:600350 BOM:532947 VRRM HKSE:00576 PINFRA ATH:AIA SHSE:600012 SZSE:000429 SHSE:600548 ISX:JSMR
Traded in Other Exchanges
TRAUF:USA TU9:Germany
Address
727 Collins Street, Level 31, Tower 5, Collins Square, Docklands, VIC, AUS, 3008
Website
https://www.transurban.com
Transurban Group is an owner/operator of toll roads in Melbourne, Sydney, and Brisbane. It also owns toll roads in Virginia, USA and Montreal, Canada. The weighted average concession life across the portfolio is about 28 years. Australian assets contribute around 90% of proportional revenue.

Transurban Group (ASX:TCL) Headlines

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