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Corporacion Favorita CA (QUI:SLU) 6-Month Price Index : 1.09 (As of May. 16, 2024)


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What is Corporacion Favorita CA 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 (2024-05-16), Corporacion Favorita CA's 6-Month Price Index is 1.09.

Competitive Comparison of Corporacion Favorita CA's 6-Month Price Index

For the Department Stores subindustry, Corporacion Favorita CA'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.

Corporacion Favorita CA  (QUI:SLU) 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.

Corporacion Favorita CA  (QUI:SLU) 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.

Corporacion Favorita CA 6-Month Price Index Related Terms

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Corporacion Favorita CA (QUI:SLU) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Corporacion Favorita CA (QUI:SLU) » Definitions » 6-Month Price Index
Comparable Companies
Traded in Other Exchanges
N/A
Address
Avenida General Enriquez via Cotogchoa, Sangolqui, Quito, ECU
Website
http://www.corporacionfavorita.com
Corporacion Favorita CA is an Ecuador based company engaged in the organization, installation and administration of stores, markets and supermarkets. The company has a business presence in many international countries also. Its brands include SUPERAKi, GRANAKi, Megamaxi, Supermaxi and others. The business areas in which the organization is involved are Commercial area, Real estate area and Industrial area.

Corporacion Favorita CA (QUI:SLU) Headlines

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