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Apollo Tyres (NSE:APOLLOTYRE) 6-Month Price Index : 1.14 (As of May. 22, 2024)


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What is Apollo Tyres 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 (2024-05-22), Apollo Tyres's 6-Month Price Index is 1.14.

Competitive Comparison of Apollo Tyres's 6-Month Price Index

For the Auto Parts subindustry, Apollo Tyres'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.

Apollo Tyres  (NSE:APOLLOTYRE) 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.

Apollo Tyres  (NSE:APOLLOTYRE) 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.

Apollo Tyres 6-Month Price Index Related Terms

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

Apollo Tyres (NSE:APOLLOTYRE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Apollo Tyres Ltd (NSE:APOLLOTYRE) » Definitions » 6-Month Price Index
Comparable Companies
NSE:ENDURANCE BOM:500086 BOM:543498 NSE:SUNDRMFAST BOM:532756 NSE:ZFCVINDIA BOM:543300 BOM:532605 BOM:532539 BOM:515030 TSE:6902 MBLY TSE:5108 APTV XPAR:ML XKRX:012330 ISX:ASII TSX:MG SHSE:600660 XTER:CON
Traded in Other Exchanges
500877:India
Address
Apollo House, 7 Institutional Area, Sector 32, Gurugram, HR, IND, 122001
Website
https://www.apollotyres.com
Apollo Tyres Ltd manufactures and sells tires. The company's geographical segments are the Asia Pacific, the Middle East, Africa, Europe, and Others. The firm's two key brands are Apollo and Vredestein. The product portfolio comprises tires for Passenger, Commercial, Off-highway vehicles, and Two-wheelers.

Apollo Tyres (NSE:APOLLOTYRE) Headlines

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