GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Orix Jreit Inc (TSE:8954) » Definitions » 6-Month Price Index

Orix Jreit (TSE:8954) 6-Month Price Index : 0.94 (As of May. 26, 2024)


View and export this data going back to 2002. Start your Free Trial

What is Orix Jreit 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 (2024-05-26), Orix Jreit's 6-Month Price Index is 0.94.


Competitive Comparison of Orix Jreit's 6-Month Price Index

For the REIT - Office subindustry, Orix Jreit'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.


Orix Jreit  (TSE:8954) 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.


Orix Jreit  (TSE:8954) 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.


Orix Jreit 6-Month Price Index Related Terms

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


Orix Jreit (TSE:8954) Business Description

Traded in Other Exchanges
N/A
Address
4-1, Hamamatsucho 2-chome, Minato-ku, Tokyo, JPN, 105-6135
Orix Jreit Inc is a real estate investment trust engaged in the acquisition, ownership, and leasing of properties throughout Japan. In terms of asset acquisition price, the majority of the company's real estate portfolio comprises office buildings. Retail facilities and residential properties together also make up a considerable percentage of this portfolio. Orix JREIT's real estate assets are mostly located in the Greater Tokyo area, with those in the Central Wards of Tokyo representing the largest geographic segment in terms of property acquisition price. The company derives nearly all of its income in the form of rental revenue from tenants. Finance and real estate, transportation, and retail companies are Orix JREIT's major customers.

Orix Jreit (TSE:8954) Headlines

No Headlines