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Hanon Systems (XKRX:018880) 6-Month Price Index : 0.74 (As of Jun. 08, 2024)


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What is Hanon Systems 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 (2024-06-08), Hanon Systems's 6-Month Price Index is 0.74.

Competitive Comparison of Hanon Systems's 6-Month Price Index

For the Auto Parts subindustry, Hanon Systems'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.

Hanon Systems  (XKRX:018880) 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.

Hanon Systems  (XKRX:018880) 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.

Hanon Systems 6-Month Price Index Related Terms

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

Hanon Systems (XKRX:018880) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Hanon Systems (XKRX:018880) » Definitions » 6-Month Price Index
Comparable Companies
XKRX:161390 XKRX:204320 XKRX:011210 XKRX:005850 XKRX:073240 XKRX:000240 XKRX:009900 XKRX:002350 XKRX:271940 XKRX:007340 TSE:6902 MBLY TSE:5108 APTV XPAR:ML ISX:ASII XKRX:012330 TSX:MG SHSE:600660 XTER:CON
Traded in Other Exchanges
N/A
Address
95, Sinilseo-ro, Daedeok-gu, Daejeon, KOR
Website
http://www.hanonsystems.com
Hanon Systems offers a wide range of thermal and energy management solutions. The company supplies products and systems for automotive applications including heating ventilation and air conditioning; powertrain cooling; compressors; fluid transport; and thermal and emissions solutions for conventional, electric, hybrid, fuel cell and autonomous vehicles. Business operations of the company are functioned through Europe, India, Thailand, South Africa, China, Korea, Japan, and the Americas. Also, the company manufactures and supplies components and systems for electrical machines and other industries.

Hanon Systems (XKRX:018880) Headlines

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