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Marubeni (TSE:8002) 6-Month Price Index : 1.24 (As of Apr. 27, 2024)


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What is Marubeni 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 (2024-04-27), Marubeni's 6-Month Price Index is 1.24.

Competitive Comparison of Marubeni's 6-Month Price Index

For the Conglomerates subindustry, Marubeni'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.

Marubeni  (TSE:8002) 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.

Marubeni  (TSE:8002) 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.

Marubeni 6-Month Price Index Related Terms

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

Marubeni (TSE:8002) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Marubeni Corp (TSE:8002) » Definitions » 6-Month Price Index
Comparable Companies
TSE:8053 TSE:4901 TSE:8015 TSE:6971 TSE:9435 TSE:9042 TSE:4204 TSE:2768 TSE:9041 TSE:9024 ADX:IHC HON TSE:8058 TSE:6501 TSE:8031 TSE:8001 MMM ADX:ALPHADHABI HKSE:00267 BSP:ITSA3
Traded in Other Exchanges
MARUY:USA MARUF:USA MARA:Germany MARA:Germany
Address
Tokyo Nihombashi Tower, 7-1, Nihonbashi 2-chome, Chuo-ku, Tokyo, JPN, 103-6060
Website
https://www.marubeni.com
Marubeni Corp is a general trading company. It focuses on both trading and business investments in grain fields, natural resource and energy fields, and power generation fields. Investing in farms, power plants, mines, transportation systems, and other distributors allows the company to sell resources to the world market. Marubeni has entered these various markets through multiple avenues. It may either acquire an existing business or develop an entire project internally. The two regions generating the most sales are Japan and the United States. Approximately half of sales derive from Japan, with another third coming from the United States.

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