Emlak Konut Gayrimenkul Yatirim Ortakligi AS (IST:EKGYO) 6-Month Price Index : 1.24 (As of May. 31, 2024)

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What is Emlak Konut Gayrimenkul Yatirim Ortakligi AS 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 (2024-05-31), Emlak Konut Gayrimenkul Yatirim Ortakligi AS's 6-Month Price Index is 1.24.

Competitive Comparison of Emlak Konut Gayrimenkul Yatirim Ortakligi AS's 6-Month Price Index

For the REIT - Residential subindustry, Emlak Konut Gayrimenkul Yatirim Ortakligi AS'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.

Emlak Konut Gayrimenkul Yatirim Ortakligi AS (IST:EKGYO) 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.

Emlak Konut Gayrimenkul Yatirim Ortakligi AS (IST:EKGYO) 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.

Emlak Konut Gayrimenkul Yatirim Ortakligi AS 6-Month Price Index Related Terms

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

Emlak Konut Gayrimenkul Yatirim Ortakligi AS (IST:EKGYO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Emlak Konut Gayrimenkul Yatirim Ortakligi AS (IST:EKGYO) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

N/A

Address

Barbaros Mahallesi, Mor Sumbul Sokak No :7/2 B, Atasehir, Istanbul, TUR

Website

https://www.emlakkonut.com.tr

Emlak Konut Gayrimenkul Yatirim Ortakligi AS, or Emlak Konut REIT, is a Turkish real estate investment trust of which the main shareholder is the Turkish government through the Housing Development Administration of Turkey. The company is primarily engaged in the development and leasing of housing units in urban areas throughout Turkey. Emlak Konut primarily focuses on purchasing and developing real estate projects, such as apartments and townhomes, aimed at middle and upper-middle-class income groups. The vast majority of the company's total revenue is derived from revenue sharing projects in which property income is shared between multiple contractors. Most of the leases that Emlak Konut receives rental revenue from are short- to medium-term leases.

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