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IDP Education (ASX:IEL) 6-Month Price Index : 0.75 (As of May. 22, 2024)


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What is IDP Education 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 (2024-05-22), IDP Education's 6-Month Price Index is 0.75.

Competitive Comparison of IDP Education's 6-Month Price Index

For the Education & Training Services subindustry, IDP Education'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.

IDP Education  (ASX:IEL) 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.

IDP Education  (ASX:IEL) 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.

IDP Education 6-Month Price Index Related Terms

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

IDP Education (ASX:IEL) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » IDP Education Ltd (ASX:IEL) » Definitions » 6-Month Price Index
Comparable Companies
ASX:GEM ASX:3PL ASX:NDO ASX:NXD ASX:EVO ASX:KED ASX:AKG ASX:KME ASX:EDU ASX:CLU AIU EDU TAL HKSE:01797 LOPE SZSE:002607 GHC COUR LRN LAUR
Traded in Other Exchanges
IDPUF:USA 03F:Germany
Address
697 Collins Street, Level 10, Docklands, VIC, AUS, 3008
Website
https://www.idp.com
IDP Education is a global leader in English language testing and student placement services, constituting 64% and 27% of fiscal 2022 group revenue, respectively. Additionally, IDP operates English language schools, organizes education events and delivers consultancy services to education institutions, which constitutes the remainder of group revenue. Originally established in Australia as an aid body for Southeast Asia, today IDP operates one of the world's most widely accepted English language tests and one of the world's largest student placement services businesses, predominantly connecting prospective migrants from India and China to Australia, Canada, and the United Kingdom.

IDP Education (ASX:IEL) Headlines

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