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Kyokuto Kaihatsu Kogyo Co (TSE:7226) 6-Month Price Index : 1.31 (As of May. 24, 2024)


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What is Kyokuto Kaihatsu Kogyo 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 (2024-05-24), Kyokuto Kaihatsu Kogyo Co's 6-Month Price Index is 1.31.


Competitive Comparison of Kyokuto Kaihatsu Kogyo Co's 6-Month Price Index

For the Farm & Heavy Construction Machinery subindustry, Kyokuto Kaihatsu Kogyo 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.


Kyokuto Kaihatsu Kogyo Co  (TSE:7226) 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.


Kyokuto Kaihatsu Kogyo Co  (TSE:7226) 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.


Kyokuto Kaihatsu Kogyo Co 6-Month Price Index Related Terms

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Kyokuto Kaihatsu Kogyo Co (TSE:7226) Business Description

Traded in Other Exchanges
N/A
Address
6-1-45 Koshienguchi, Nishinomiya, JPN, 663-8545
Kyokuto Kaihatsu Kogyo Co., Ltd. Is a Japan-based company which is various lines of business including specialty truck business, environmental equipment and systems and real estate rental business. It operates is business in three reportable segments namely Specialty truck business, Environmental equipment and systems business and Real estate rental business. Specialty truck business manufactures and distributes specialty trucks such as dump trucks, tailgate lifters, tank trucks, refuse trucks and trailers. Environmental equipment and systems business manufactures and distributes recycle facilities, including maintenance and consignment business. Real estate rental business manufactures multistory parking equipment and offers operating services and real estate rental services.

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