Nittetsu Mining Co (TSE:1515) 6-Month Price Index : 0.99 (As of Jun. 10, 2024)

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What is Nittetsu Mining 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 (2024-06-10), Nittetsu Mining Co's 6-Month Price Index is 0.99.

Competitive Comparison of Nittetsu Mining Co's 6-Month Price Index

For the Copper subindustry, Nittetsu Mining 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.

Nittetsu Mining Co (TSE:1515) 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.

Nittetsu Mining Co (TSE:1515) 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.

Nittetsu Mining Co 6-Month Price Index Related Terms

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Nittetsu Mining Co (TSE:1515) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Nittetsu Mining Co Ltd (TSE:1515) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

7GI:Germany

Address

Yusen Building 3-2, Marunouchi 2-chome, Chiyoda-ku,, Tokyo, JPN, 100-8377

Website

https://www.nittetsukou.co.jp

Nittetsu Mining Co Ltd is a Japanese mining company that deals in both metal and non-metal mineral resources. The company comprises the following main business segments - Non-Metallic Minerals, Metallic Minerals, Machinery and Environmental Engineering, Real Estate, and Renewable Energy. The company also involved in the purchasing and distribution of coal and petroleum products, machinery and environment-related products.

Nittetsu Mining Co (TSE:1515) Headlines

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