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Canadian Tire (TSX:CTC) 6-Month Price Index : 1.06 (As of Jan. 18, 2025)


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What is Canadian Tire 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 (2025-01-18), Canadian Tire's 6-Month Price Index is 1.06.

Competitive Comparison of Canadian Tire's 6-Month Price Index

For the Specialty Retail subindustry, Canadian Tire'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.

Canadian Tire  (TSX:CTC) 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.

Canadian Tire  (TSX:CTC) 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.

Canadian Tire 6-Month Price Index Related Terms

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

Canadian Tire Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Canadian Tire Corp Ltd (TSX:CTC) » Definitions » 6-Month Price Index
Comparable Companies
TSX:PET TSX:LNF TSX:GBT TSX:KITS TSXV:AWI TSXV:RUM XCNQ:TRAI TSXV:FTI XCNQ:CCR ORLY AZO TSX:ATD TSCO WSM ULTA DKS SHSE:601888 BBY CASY GME
Traded in Other Exchanges
CDNAF:USA CTC.A:Canada
Address
2180 Yonge Street, P.O. Box 770, Toronto, ON, CAN, M4P 2V8
Website
https://www.corp.canadiantire.ca
Canadian Tire is a leading general merchandise retailer with over 1,400 affiliated stores across Canada. The company operates about 650 stores, with the remaining operated by franchisees or third-party dealers. The retailer boasts a wide array of owned and affiliated banners that include its iconic namesake brand, Mark's, Sport Chek, Sports Experts, PartSource, Party City, and Helly Hansen. Its wide product assortment includes automotive parts, appliances, home improvement items, sporting goods, and apparel. The firm also offers a loyalty program with 11 million members and owns a financial services arm that manages a credit card portfolio for its more than 2 million active users.

Canadian Tire Headlines

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