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Dada Nexus (FRA:D0A) 6-Month Price Index : 0.52 (As of Jun. 09, 2024)


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What is Dada Nexus 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 (2024-06-09), Dada Nexus's 6-Month Price Index is 0.52.

Competitive Comparison of Dada Nexus's 6-Month Price Index

For the Internet Retail subindustry, Dada Nexus'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.

Dada Nexus  (FRA:D0A) 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.

Dada Nexus  (FRA:D0A) 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.

Dada Nexus 6-Month Price Index Related Terms

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

Dada Nexus (FRA:D0A) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Dada Nexus Ltd (FRA:D0A) » Definitions » 6-Month Price Index
Comparable Companies
RVLV OSTK LQDT FTCH FINR TDUP WBUY QRTEA JMIA DTC AMZN BABA PDD HKSE:03690 MELI JD CPNG SE EBAY TSE:4689
Traded in Other Exchanges
DADA:USA
Address
No.1088 Yangshupu Road, 22nd Floor, Oriental Fisherman’s Wharf, Yangpu District, Shanghai, CHN, 200082
Website
https://ir.imdada.cn
Dada Nexus is a leading crowdsourced delivery service in China. The company has two core businesses, Dada Now, which is an on-demand delivery platform that provides last-mile and intracity services; and JD Daojia, or JDDJ, which is an online on-demand retail platform that connects consumers to merchants with its delivery capabilities. As of 2022, Dada Now accounted for 34% of revenue while JDDJ accounted for the rest. JDDJ and Dada Nexus merged in 2016, where JD.com received 47.4% ownership of the merged entity in exchange for its JDDJ business. As of June 2023, JD.com and Walmart Inc own 53.9% and 9.3% of Dada Nexus, respectively. Dada Nexus competes with other logistics companies such as SF Intra-City, with Didi in its delivery business, and with Meituan in its on-demand retail segment.

Dada Nexus (FRA:D0A) Headlines

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