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Wajax (TSX:WJX) 6-Month Price Index : 1.19 (As of Apr. 26, 2024)


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What is Wajax 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 (2024-04-26), Wajax's 6-Month Price Index is 1.19.

Competitive Comparison of Wajax's 6-Month Price Index

For the Industrial Distribution subindustry, Wajax'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.

Wajax  (TSX:WJX) 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.

Wajax  (TSX:WJX) 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.

Wajax 6-Month Price Index Related Terms

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

Wajax (TSX:WJX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Wajax Corp (TSX:WJX) » Definitions » 6-Month Price Index
Comparable Companies
TSX:DBM TSX:ADEN TSX:RUS GWW FERG FAST WSO POOL ASX:REH CNM OSTO:INDT WCC TSX:TIH SITE AIT XKRX:047050 LSE:DPLM BECN WBO:ANDR OSTO:ADDT B
Traded in Other Exchanges
WJXFF:USA
Address
2250 Argentia Road, Mississauga, ON, CAN, L5N 6A5
Website
https://www.wajax.com
Wajax Corp operates an integrated distribution system, providing sales, parts and services to a broad range of customers in diversified sectors of the Canadian economy, including: construction, forestry, mining, industrial and commercial, oil sands, transportation, metal processing, government and utilities, and oil and gas.

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