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NIO (NIO) 6-Month Price Index : 0.51 (As of Apr. 25, 2024)


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What is NIO 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 (2024-04-25), NIO's 6-Month Price Index is 0.51.

Competitive Comparison of NIO's 6-Month Price Index

For the Auto Manufacturers subindustry, NIO'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.

NIO  (NYSE:NIO) 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.

NIO  (NYSE:NIO) 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.

NIO 6-Month Price Index Related Terms

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

NIO (NIO) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » NIO Inc (NYSE:NIO) » Definitions » 6-Month Price Index
Comparable Companies
XPEV VFS RIVN LCID PSNY NWTN LVWR FSR BLBD GGR TSLA TSE:7203 SZSE:002594 XTER:MBG XTER:BMW STLA XTER:VOW3 MIL:RACE TSE:7267 F
Traded in Other Exchanges
NIOIF:USA NIO:Singapore NIO:Mexico 09866:Hong Kong N3I:Germany N3I:Germany N3IA:Germany N3IA:Germany
Address
No. 56 AnTuo Road, Building 20, Anting Town, Jiading District, Shanghai, CHN, 201804
Website
https://www.nio.com
Nio is a leading electric vehicle maker, targeting the premium segment. Founded in November 2014, Nio designs, develops, jointly manufactures, and sells premium smart electric vehicles. The company differentiates itself through continuous technological breakthroughs and innovations such as battery swapping and autonomous driving technologies. Nio launched its first model, its ES8 seven-seater electric SUV, in December 2017, and began deliveries in June 2018. Its current model portfolio includes midsize to large sedans and SUVs. It sold over 122,000 EVs in 2022, accounting for about 2% of the China passenger new energy vehicle market.