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BYD Co (SZSE:002594) 6-Month Price Index : 0.89 (As of Apr. 30, 2024)


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What is BYD Co 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 (2024-04-30), BYD Co's 6-Month Price Index is 0.89.

Competitive Comparison of BYD Co's 6-Month Price Index

For the Auto Manufacturers subindustry, BYD Co'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.

BYD Co  (SZSE:002594) 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.

BYD Co  (SZSE:002594) 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.

BYD Co 6-Month Price Index Related Terms

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

BYD Co (SZSE:002594) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » BYD Co Ltd (SZSE:002594) » Definitions » 6-Month Price Index
Comparable Companies
SHSE:600104 SHSE:601127 SZSE:000625 SHSE:601238 SZSE:000800 SHSE:600733 SHSE:600418 SHSE:603529 SHSE:600166 SHSE:601965 TSLA TSE:7203 XTER:P911 XTER:MBG MIL:RACE MIL:STLAM XTER:BMW XTER:VOW3 TSE:7267 GM
Traded in Other Exchanges
BYDDY:USA BYDDF:USA 01211:Hong Kong 0VSO:UK BY6:Germany BY6:Austria
Address
No. 3009, BYD Road, Pingshan, Guangdong Province, Shenzhen, CHN, 518118
Website
https://www.byd.com
Founded in 1995, BYD is a leading Chinese manufacturer in the design, development, and production of new energy vehicles, or NEVs. In March 2022, the firm discontinued production of internal combustion engine, or ICE, vehicles. Its products primarily target the growing midpriced mass-market segment in China's passenger vehicle market. The company sold more than 1.8 million passenger NEVs in 2022, accounting for about 28% of the Chinese passenger NEV market. Besides automobile production, the company is also engaged in handset components and assembly services, as well as the rechargeable battery and photovoltaics business. After more than 25 years of development, the company has established over 30 industrial parks worldwide.

BYD Co (SZSE:002594) Headlines

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