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Mercari (TSE:4385) 6-Month Price Index : 0.64 (As of May. 28, 2024)


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What is Mercari 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 (2024-05-28), Mercari's 6-Month Price Index is 0.64.

Competitive Comparison of Mercari's 6-Month Price Index

For the Internet Retail subindustry, Mercari'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.

Mercari  (TSE:4385) 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.

Mercari  (TSE:4385) 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.

Mercari 6-Month Price Index Related Terms

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

Mercari (TSE:4385) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Mercari Inc (TSE:4385) » Definitions » 6-Month Price Index
Comparable Companies
TSE:3064 TSE:2678 TSE:3092 TSE:7685 TSE:2484 TSE:3964 TSE:4449 TSE:3660 TSE:8005 TSE:3179 AMZN BABA PDD HKSE:03690 MELI JD CPNG SE EBAY TSE:4689
Traded in Other Exchanges
MCARY:USA 6TP:Germany
Address
6 - 10 - 1 Roppongi, Roppongi Hills Mori Tower, Minato-ku, Tokyo, JPN, 106-6118
Website
https://www.mercari.com
Mercari operates the largest C2C secondhand goods trading platform in Japan in Mercari, with over 22 million MAU and over JPY 893 billion gross merchandise value in fiscal year 2022. We estimate that it currently has over 70% market share in the C2C marketplace app market, making it the top platform in Japan. It operates a domestic fintech business and a C2C marketplace app business in the U.S. as well. Domestic business roughly accounts for over 95% of its total GMV.

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