Kandenko Co (TSE:1942) 6-Month Price Index : 1.23 (As of Jun. 08, 2024)

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What is Kandenko 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 (2024-06-08), Kandenko Co's 6-Month Price Index is 1.23.

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

For the Engineering & Construction subindustry, Kandenko 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.

Kandenko Co (TSE:1942) 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.

Kandenko Co (TSE:1942) 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.

Kandenko Co 6-Month Price Index Related Terms

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Kandenko Co (TSE:1942) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Kandenko Co Ltd (TSE:1942) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

5EY:Germany

Address

4-8-33, Shibaura, Minato-ku, Tokyo, JPN, 108-8533

Website

http://www.kandenko.co.jp

Kandenko Co Ltd is a Japanese infrastructure and engineering company. The company organises itself into two segments: engineering and other. The engineering segment, which contributes nearly all the company's revenue, conducts electric engineering work for building construction and renovation, installs and maintains telecommunication systems, constructs and maintains power distribution lines and facilities, inspects and maintains nuclear power plants, and conducts civil engineering work. The company derives the vast majority of revenue domestically.

Kandenko Co (TSE:1942) Headlines

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