Sendas Distribuidora (BSP:ASAI3) 6-Month Price Index : 1.13 (As of May. 04, 2024)

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What is Sendas Distribuidora 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 (2024-05-04), Sendas Distribuidora's 6-Month Price Index is 1.13.

Competitive Comparison of Sendas Distribuidora's 6-Month Price Index

For the Grocery Stores subindustry, Sendas Distribuidora'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.

Sendas Distribuidora (BSP:ASAI3) 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.

Sendas Distribuidora (BSP:ASAI3) 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.

Sendas Distribuidora 6-Month Price Index Related Terms

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

Sendas Distribuidora (BSP:ASAI3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Sendas Distribuidora SA (BSP:ASAI3) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

ASAI:USA ASAI:Mexico

Address

Avenida Ayrton Senna, No. 6,000, Lote 2, Pal 48959, Anexo A, Jacarepagua, Rio De Janeiro, RJ, BRA, 22775-005

Website

https://www.assai.com.br

Sendas Distribuidora SA is involved in the consumer goods business. Its cash and carry operations involve sales of more than 8,000 items of grocery, food, perishable, beverage, wrapping, hygiene, and cleaning products, among others. Its customers include prepared food retailers (including restaurants, pizzerias, and snack bars), end-users (including schools, small businesses, religious institutions, hospitals, and hotels), conventional retailers (such as grocery stores and neighborhood supermarkets), and individuals. Its stores are located throughout 23 Brazilian states.

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