GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » CTS Co Ltd (TSE:4345) » Definitions » 6-Month Price Index

CTS Co (TSE:4345) 6-Month Price Index : 1.16 (As of Jun. 02, 2024)


View and export this data going back to 2002. Start your Free Trial

What is CTS Co 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 (2024-06-02), CTS Co's 6-Month Price Index is 1.16.


Competitive Comparison of CTS Co's 6-Month Price Index

For the Rental & Leasing Services subindustry, CTS Co'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.


CTS Co  (TSE:4345) 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.


CTS Co  (TSE:4345) 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.


CTS Co 6-Month Price Index Related Terms

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


CTS Co (TSE:4345) Business Description

Traded in Other Exchanges
N/A
Address
115 Kuriyasu, Nagano Prefecture, Ueda, JPN
CTS Co Ltd is engaged in construction ICT, system business, survey measurement business, house furniture business and environmental safety business. The company offers products and services on rental basis specialized in the industry such as system equipment and communication lines. Its product offerings include cloud solution, color multi-function machine, inkjet printer, network cameras, personal computers equipped with functions suitable for the application, focusing on business models, among others.

CTS Co (TSE:4345) Headlines

No Headlines