SoftBank (SoftBank) 6-Month Price Index : 1.00 (As of Jun. 04, 2024)

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What is SoftBank 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 (2024-06-04), SoftBank's 6-Month Price Index is 1.00.

Competitive Comparison of SoftBank's 6-Month Price Index

For the Telecom Services subindustry, SoftBank'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.

SoftBank (OTCPK:SOBKY) 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.

SoftBank (OTCPK:SOBKY) 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.

SoftBank 6-Month Price Index Related Terms

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

SoftBank (SoftBank) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » SoftBank Corp (OTCPK:SOBKY) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

SFBQF:USA 9434:Japan 3AG0:Germany 3AG1:Germany 3AG1:Germany

Address

1-9-1 Higashi-shimbashi, Minato-ku, Tokyo, JPN, 105-7317

Website

https://www.softbank.jp

SoftBank Corp, or SoftBank, is an established, telecommunications services provider in Japan owning a mobile network with around 50 million mobile customers and 24% market share. It also provides some fixed line services, which are mostly resold so are low margin. The company also owns 32.4% of LY Corp, and SoftBank and LY Corp each own 32% of PayPay so SoftBank consolidates PayPay. SoftBank Group sold 33.5% of the SoftBank Corp in an IPO in 2018 and sold down further to a 42% holding in 2020.

SoftBank (SoftBank) Headlines

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