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EDU (New Oriental Education & Technology Group) 6-Month Price Index : 0.80 (As of Dec. 14, 2024)


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What is New Oriental Education & Technology Group 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 (2024-12-14), New Oriental Education & Technology Group's 6-Month Price Index is 0.80.

Competitive Comparison of New Oriental Education & Technology Group's 6-Month Price Index

For the Education & Training Services subindustry, New Oriental Education & Technology Group'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.

New Oriental Education & Technology Group  (NYSE:EDU) 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.

New Oriental Education & Technology Group  (NYSE:EDU) 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.

New Oriental Education & Technology Group 6-Month Price Index Related Terms

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New Oriental Education & Technology Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » New Oriental Education & Technology Group Inc (NYSE:EDU) » Definitions » 6-Month Price Index
Comparable Companies
TAL LOPE LRN GHC ATGE LAUR KLC STRA PRDO AFYA SZSE:300364 SZSE:002607 SAU:4291 ADX:ALEFEDT ASX:IEL HKSE:01797 XMAD:PRO HKSE:09636 UTI HKSE:00839
Traded in Other Exchanges
EDUN:Mexico 09901:Hong Kong N1U0:Germany N1U0:Germany N1UA:Germany N1UA:Germany E1DU34:Brazil
Address
No. 6 Hai Dian Zhong Street, Haidian District, Beijing, CHN, 100080
Website
https://www.neworiental.org
New Oriental is a leading private education provider in China. K-9 academic after-school tutoring used to account for 50%-60% of New Oriental's revenue before the regulatory crackdown in 2021. After terminating its K-9 academic after-school tutoring business, New Oriental has identified a few new initiatives such as nonacademic tutoring and intelligent learning systems and devices. The remaining businesses include high school academic after-school tutoring and overseas-related test preparation and consulting business. The company also owns 55% of East Buy, a market leader in livestreaming e-commerce.