GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Korean Air Lines Co Ltd (XKRX:003490) » Definitions » 6-Month Price Index

Korean Air Lines Co (XKRX:003490) 6-Month Price Index : 1.06 (As of Apr. 28, 2024)


View and export this data going back to 1966. Start your Free Trial

What is Korean Air Lines 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 (2024-04-28), Korean Air Lines Co's 6-Month Price Index is 1.06.


Competitive Comparison of Korean Air Lines Co's 6-Month Price Index

For the Airlines subindustry, Korean Air Lines 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.


Korean Air Lines Co  (XKRX:003490) 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.


Korean Air Lines Co  (XKRX:003490) 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.


Korean Air Lines Co 6-Month Price Index Related Terms

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


Korean Air Lines Co (XKRX:003490) Business Description

Traded in Other Exchanges
Address
260 Haneul-gil, Gangseo-gu, Seoul, KOR
Korean Air Lines Co Ltd is an airline operator with a global reach. The company has four operating segments: Air transport (majority of total revenues), Aerospace (maintenance and repairs), In-flight meals, and Hotel/limousine and others. Passenger tickets can be bought on the company's website or at the airport counter. Multiple options related to passenger class or cabin experience, baggage fees, and other services are offered to customers. Revenues derived from Republic of Korea account for approximately one-fourth of total revenues, with the remainder coming from international operations. The company has created an alliance with global carriers to help connect flights, and give passengers better options to travel.

Korean Air Lines Co (XKRX:003490) Headlines

No Headlines