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Niterra Co (TSE:5334) 6-Month Price Index : 1.36 (As of May. 23, 2024)


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What is Niterra 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 (2024-05-23), Niterra Co's 6-Month Price Index is 1.36.

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

For the Auto Parts subindustry, Niterra 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.

Niterra Co  (TSE:5334) 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.

Niterra Co  (TSE:5334) 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.

Niterra Co 6-Month Price Index Related Terms

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

Niterra Co (TSE:5334) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Niterra Co Ltd (TSE:5334) » Definitions » 6-Month Price Index
Comparable Companies
TSE:7276 TSE:3116 TSE:5101 TSE:6473 TSE:5110 TSE:6471 TSE:6923 TSE:7282 TSE:7988 TSE:5105 TSE:6902 MBLY TSE:5108 APTV XPAR:ML ISX:ASII XKRX:012330 TSX:MG SHSE:600660 XTER:CON
Traded in Other Exchanges
NGK:Germany
Address
14-18, Takatsuji-cho, Mizuho-ku, Nagoya, JPN, 467-8525
Website
http://www.ngkntk.co.jp
Niterra Co Ltd is a producer of spark plugs for internal combustion engines in the automotive industry and various ceramic products and tools. Under its two brands NGK Spark Plugs and NTK Technical Ceramics, the company produces spark plugs, glow plugs, sensors, semiconductor packages, cutting tools, medical products, and fine ceramics. NGK's largest end markets are Asia including Japan, North America, and Europe. The company produces in Japan and Brazil, while subsidiaries across the globe assemble and sell parts in their respective regions. The automotive components division generates the lion's share of sales for NGK Spark Plug.

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