GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Prince Housing & Development Corp (TPE:2511) » Definitions » 6-Month Price Index

Prince Housing & Development (TPE:2511) 6-Month Price Index : 1.15 (As of Jun. 09, 2024)


View and export this data going back to 1991. Start your Free Trial

What is Prince Housing & Development 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 (2024-06-09), Prince Housing & Development's 6-Month Price Index is 1.15.


Competitive Comparison of Prince Housing & Development's 6-Month Price Index

For the Real Estate - Development subindustry, Prince Housing & Development'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.


Prince Housing & Development  (TPE:2511) 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.


Prince Housing & Development  (TPE:2511) 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.


Prince Housing & Development 6-Month Price Index Related Terms

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


Prince Housing & Development (TPE:2511) Business Description

Traded in Other Exchanges
N/A
Address
No. 398, Zhonghua East Road, 8th Floor, Sector 1, East District, Tainan, TWN, 701
Prince Housing & Development Corp is a Taiwan-based real estate developer and builder with its principal business in construction, leasing, and sale of public housing, commercial buildings, recreation places, hotels, industrial parks, indoor sports, and parking lots, and leasing and sale of real estate.

Prince Housing & Development (TPE:2511) Headlines

No Headlines