GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Nippon Yusen Kabushiki Kaisha (TSE:9101) » Definitions » 6-Month Price Index

Nippon Yusen Kabushiki Kaisha (TSE:9101) 6-Month Price Index : 1.12 (As of Apr. 29, 2024)


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

What is Nippon Yusen Kabushiki Kaisha 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 (2024-04-29), Nippon Yusen Kabushiki Kaisha's 6-Month Price Index is 1.12.


Competitive Comparison of Nippon Yusen Kabushiki Kaisha's 6-Month Price Index

For the Marine Shipping subindustry, Nippon Yusen Kabushiki Kaisha'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.


Nippon Yusen Kabushiki Kaisha  (TSE:9101) 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.


Nippon Yusen Kabushiki Kaisha  (TSE:9101) 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.


Nippon Yusen Kabushiki Kaisha 6-Month Price Index Related Terms

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


Nippon Yusen Kabushiki Kaisha (TSE:9101) Business Description

Traded in Other Exchanges
Address
3 - 2, Marunouchi 2 Chome, Chiyoda-Ku, Tokyo, JPN, 100-0005
Nippon Yusen Kabushiki Kaisha is a transportation and logistics company domiciled in Japan. The company organises itself into three divisions: global logistics, bulk shipping, and others. Global logistics, which contributes the majority of revenue, ships containers, transport air cargo, and provides logistics services. Bulk shipping, the next most significant division, transports dry bulk, including iron ore and grain; automobiles; and liquids, including oil. The other division develops and sells real estate, and operates cruise ships. The company derives the majority of revenue domestically.

Nippon Yusen Kabushiki Kaisha (TSE:9101) Headlines

No Headlines