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Vicinity Motor (Vicinity Motor) 6-Month Price Index : 0.87 (As of May. 02, 2024)


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What is Vicinity Motor 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 (2024-05-02), Vicinity Motor's 6-Month Price Index is 0.87.

Competitive Comparison of Vicinity Motor's 6-Month Price Index

For the Auto Manufacturers subindustry, Vicinity Motor'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.

Vicinity Motor  (NAS:VEV) 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.

Vicinity Motor  (NAS:VEV) 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.

Vicinity Motor 6-Month Price Index Related Terms

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

Vicinity Motor (Vicinity Motor) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Vicinity Motor Corp (NAS:VEV) » Definitions » 6-Month Price Index
Comparable Companies
NEOE:EVTG XCNQ:TUGA TSXV:FHYD TSLA TSE:7203 SZSE:002594 XTER:MBG XTER:BMW STLA XTER:VOW3 MIL:RACE TSE:7267 F NSE:MARUTI GM LI XKRX:005380 HKSE:02333 NSE:TATAMOTORS SHSE:600104
Traded in Other Exchanges
6LGA:Germany VMC:Canada
Address
3168 262nd Street, Aldergrove, BC, CAN, V4W 2Z6
Website
https://www.vicinitymotorcorp.com
Vicinity Motor Corp is a Canadian bus manufacturer. The company is engaged in designing, engineering, and manufacturing mid-size buses for transit authorities and commercial enterprises. Geographically, it derives a majority of its revenue from Canada and also has a presence in the United States. The company derives maximum revenue from bus sales. It also supplies the Spare part.