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Yuken India (BOM:522108) 6-Month Price Index : 1.79 (As of May. 26, 2024)


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What is Yuken India 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 (2024-05-26), Yuken India's 6-Month Price Index is 1.79.


Competitive Comparison of Yuken India's 6-Month Price Index

For the Specialty Industrial Machinery subindustry, Yuken India'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.


Yuken India  (BOM:522108) 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.


Yuken India  (BOM:522108) 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.


Yuken India 6-Month Price Index Related Terms

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


Yuken India (BOM:522108) Business Description

Traded in Other Exchanges
Address
Malur-Hosur Main Road, P.B. No. 5, Koppathimmanahalli Village, Malur Taluk, Kolar, KA, IND, 563130
Yuken India Ltd is an India based company engaged in manufacturing of hydraulic products. The company manufactures hydraulic components like pumps, valves, cylinders and package system catering to industrial sectors in India. The business segments of the company are Hydraulic Business segment and Other Business segment of which it generates the majority of the revenue from the Hydraulic Business segment.

Yuken India (BOM:522108) Headlines

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