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Echo Trading Co (TSE:7427) 6-Month Price Index : 0.92 (As of May. 24, 2024)


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What is Echo Trading 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), Echo Trading Co's 6-Month Price Index is 0.92.

Competitive Comparison of Echo Trading Co's 6-Month Price Index

For the Packaged Foods subindustry, Echo Trading 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.

Echo Trading Co  (TSE:7427) 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.

Echo Trading Co  (TSE:7427) 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.

Echo Trading Co 6-Month Price Index Related Terms

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

Echo Trading Co (TSE:7427) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Echo Trading Co Ltd (TSE:7427) » Definitions » 6-Month Price Index
Comparable Companies
NGO:2551 TSE:2700 TSE:2813 TSE:2224 TSE:2814 TSE:3392 FSE:2919 TSE:2907 TSE:2293 TSE:2877 XSWX:NESN KHC GIS XPAR:BN SHSE:603288 NSE:NESTLEIND SZSE:300999 SHSE:600887 TSE:2802 LSE:ABF
Traded in Other Exchanges
N/A
Address
No. 1 No. 23 in Nishinomiya, Hyogo Prefecture Naruohama 2-chome, Nishinomiya, JPN, 663-8142
Website
http://www.echotd.co.jp
Echo Trading Co Ltd is a Japan-based company offering diversified products and services for pets. The company is engaged in specialty store business, wholesale business, product development business, education business, sales promotion business, event business, and internet business. Its specialty store business, wholesale business, and product development business are engaged in the production and distribution of pet food and pet supplies to pet home centers, supermarkets, and drug stores. Its internet business transmits information useful for pet owners and pet lives such as searching for pet-related facilities such as animal hospitals and trimming salons, and travel knowledge on pets.

Echo Trading Co (TSE:7427) Headlines

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