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Advance Auto Parts (LTS:0H9G) 6-Month Price Index : 0.73 (As of Dec. 12, 2024)


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What is Advance Auto Parts 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 (2024-12-12), Advance Auto Parts's 6-Month Price Index is 0.73.

Competitive Comparison of Advance Auto Parts's 6-Month Price Index

For the Specialty Retail subindustry, Advance Auto Parts'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.

Advance Auto Parts  (LTS:0H9G) 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.

Advance Auto Parts  (LTS:0H9G) 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.

Advance Auto Parts 6-Month Price Index Related Terms

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

Advance Auto Parts Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Advance Auto Parts Inc (LTS:0H9G) » Definitions » 6-Month Price Index
Comparable Companies
ASO SVV WINA OLPX SBH WOOF EYE ODP ARKO HZO ORLY TSX:ATD AZO TSCO WSM BBY SHSE:601888 DKS ULTA CASY
Traded in Other Exchanges
AAP:USA AAP:Mexico AWN:Germany AWN:Germany A1AP34:Brazil AAP:Argentina
Address
4200 Six Forks Road, Raleigh, NC, USA, 27609
Website
https://www.advanceautoparts.com
Advance Auto Parts is a leading auto parts retailer in North America with more than 4,000 store and branch locations. About 55% of the firm's sales are geared toward the professional channel, with the remaining 45% going to the do-it-yourself market. Through its vast store footprint and distribution network, Advance manages thousands of stock-keeping units conducive to various vehicle makes and models. The retailer primarily competes on the basis of inventory availability and service speed, making the operating efficiency of its hub and spoke distribution model critical to meeting customer needs.

Advance Auto Parts Headlines

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