GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Sanyo Homes Corp (TSE:1420) » Definitions » 6-Month Price Index

Sanyo Homes (TSE:1420) 6-Month Price Index : 1.02 (As of Jun. 12, 2024)


View and export this data going back to 2013. Start your Free Trial

What is Sanyo Homes 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 (2024-06-12), Sanyo Homes's 6-Month Price Index is 1.02.


Competitive Comparison of Sanyo Homes's 6-Month Price Index

For the Residential Construction subindustry, Sanyo Homes'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.


Sanyo Homes  (TSE:1420) 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.


Sanyo Homes  (TSE:1420) 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.


Sanyo Homes 6-Month Price Index Related Terms

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


Sanyo Homes (TSE:1420) Business Description

Traded in Other Exchanges
N/A
Address
8F Orix Hommachi Bldg. 4-1, Nishi-Hommachi 1-Chome, Nishi-ku, Osaka City, JPN, 550-0005
Sanyo Homes Corp operates in the construction sector. The company is engaged in the development and sales of residential properties. The business operates under four segments - housing, asset utilization, condominiums and remodelling.

Sanyo Homes (TSE:1420) Headlines

No Headlines