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CAR Group (CAR Group) 6-Month Price Index : 1.22 (As of Apr. 29, 2024)


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What is CAR Group 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 (2024-04-29), CAR Group's 6-Month Price Index is 1.22.


Competitive Comparison of CAR Group's 6-Month Price Index

For the Internet Content & Information subindustry, CAR Group'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.


CAR Group  (OTCPK:CSXXY) 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.


CAR Group  (OTCPK:CSXXY) 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.


CAR Group 6-Month Price Index Related Terms

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


CAR Group (CAR Group) Business Description

Traded in Other Exchanges
Address
449 Punt Road, Level 4, Richmond, VIC, AUS, 3121
CAR Group is a technology company operating in the motor vehicles sector. CAR Group's primary business is its Australian online marketplace for automotive, www.carsales.com.au. It is the dominant online automotive marketplace in Australia, at around nine times total time spent compared with its nearest competitor. CAR Group also owns and operates businesses in various geographic, category and product adjacencies, including online marketplaces for automotive in South Korea and Latin America, nonautomotive online marketplaces in Australia and the United States, and data and replacement parts businesses.

CAR Group (CAR Group) Headlines