Nikkiso Co (TSE:6376) 6-Month Price Index : 1.17 (As of Jun. 06, 2024)

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What is Nikkiso 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 (2024-06-06), Nikkiso Co's 6-Month Price Index is 1.17.

Competitive Comparison of Nikkiso Co's 6-Month Price Index

For the Specialty Industrial Machinery subindustry, Nikkiso 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.

Nikkiso Co (TSE:6376) 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.

Nikkiso Co (TSE:6376) 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.

Nikkiso Co 6-Month Price Index Related Terms

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Nikkiso Co (TSE:6376) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nikkiso Co Ltd (TSE:6376) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

NKO:Germany

Address

4-20-3, Ebisu, Shibuya-ku, Tokyo, JPN, 150-6022

Website

http://www.nikkiso.co.jp

Nikkiso is a Japan-based industrial company that operates through four divisions. The industrial division manufactures and distributes fluid equipment for process industries. The precision equipment business division manufactures and sells water conditioning systems, particle characterization instruments, multilayer ceramic electronic components production equipment, and systems. The aerospace division manufactures, distributes, and consults for carbon-fiber-reinforced plastic products. The medical division manufactures and sells hemodialysis machines, dialyzers, blood tubing sets, and other products. The company has a global presence, with the majority of its sales coming from Japan, Asia excluding Japan, North America, and Europe.

Nikkiso Co (TSE:6376) Headlines

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