Krosaki Harima (TSE:5352) 6-Month Price Index : 1.07 (As of Jun. 10, 2024)

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What is Krosaki Harima 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), Krosaki Harima's 6-Month Price Index is 1.07.

Competitive Comparison of Krosaki Harima's 6-Month Price Index

For the Building Materials subindustry, Krosaki Harima'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.

Krosaki Harima (TSE:5352) 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.

Krosaki Harima (TSE:5352) 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.

Krosaki Harima 6-Month Price Index Related Terms

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Krosaki Harima (TSE:5352) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Krosaki Harima Corp (TSE:5352) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

5352:Japan

Address

1-1, Higashihama-machi, Yahatanishi-ku, Kitakyushu, JPN, 806-8586

Website

http://www.krosaki.co.jp

Krosaki Harima Corp manufactures and sells refractory and ceramic products. Its refractory products include blast furnace, hot stove, coke oven, torpedo ladle, electric arc furnace, steel ladle, and continuous casting refractories, as well as oxygen converter refractories for basic oxygen steelmaking processes, and monolithic refractories for furnace repair/equipment; and walking beam and hearth, pusher, rotary hearth, double walking beam, roller hearth, batch-type reheating, tunnel kiln, and other industrial furnaces. It also provides advanced ceramic materials, including low thermal expansion, oxide engineering, and machinable ceramics; thin flat heaters, hot plates, and jacket heaters. In addition, it is involved in the furnace construction and maintenance activities.

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