GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Sanki Engineering Co Ltd (TSE:1961) » Definitions » 6-Month Price Index

Sanki Engineering Co (TSE:1961) 6-Month Price Index : 1.22 (As of May. 23, 2024)


View and export this data going back to 1950. Start your Free Trial

What is Sanki Engineering 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 (2024-05-23), Sanki Engineering Co's 6-Month Price Index is 1.22.


Competitive Comparison of Sanki Engineering Co's 6-Month Price Index

For the Engineering & Construction subindustry, Sanki Engineering 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.


Sanki Engineering Co  (TSE:1961) 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.


Sanki Engineering Co  (TSE:1961) 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.


Sanki Engineering Co 6-Month Price Index Related Terms

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


Sanki Engineering Co (TSE:1961) Business Description

Traded in Other Exchanges
N/A
Address
2-1-1 Nihonbashi-Muromachi, Chuo-ku, Tokyo, JPN, 100-8331
Sanki Engineering Co., Ltd. is a Japan-based construction company that provides infrastructure services mainly in Japan. The company operates in various business divisions including Facilities Construction, which consists of heating, ventilation, and air conditioning, as well as plumbing, electrical systems, and smart building solution. Its Plants & Machinery Systems Business include Machinery Systems Business and Environmental Systems Business. Its Real Estate Business involves building and land lease of real estate assets.

Sanki Engineering Co (TSE:1961) Headlines

No Headlines