GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Air Busan Co Ltd (XKRX:298690) » Definitions » 6-Month Price Index

Air Busan Co (XKRX:298690) 6-Month Price Index : 0.97 (As of Jun. 06, 2024)


View and export this data going back to 2018. Start your Free Trial

What is Air Busan 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 (2024-06-06), Air Busan Co's 6-Month Price Index is 0.97.


Competitive Comparison of Air Busan Co's 6-Month Price Index

For the Airlines subindustry, Air Busan 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.


Air Busan Co  (XKRX:298690) 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.


Air Busan Co  (XKRX:298690) 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.


Air Busan Co 6-Month Price Index Related Terms

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


Air Busan Co (XKRX:298690) Business Description

Traded in Other Exchanges
N/A
Address
57 Avenue Road 6, (2 Daejeo East), Busan Distribution Complex, Gangseo-gu District, Busan, KOR
Air Busan Co Ltd operates as a regional airline based in South Korea. It offers services such as In-Flight Service, Baggage compensation, In-Flight Duty-Free Service, Prepaid meals, Mobile Boarding passes, and others.

Air Busan Co (XKRX:298690) Headlines

No Headlines