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Grupo Comercial ChedrauiB de CV (Grupo Comercial ChedrauiB de CV) 6-Month Price Index : 1.27 (As of Jun. 04, 2024)


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What is Grupo Comercial ChedrauiB de CV 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 (2024-06-04), Grupo Comercial ChedrauiB de CV's 6-Month Price Index is 1.27.


Competitive Comparison of Grupo Comercial ChedrauiB de CV's 6-Month Price Index

For the Grocery Stores subindustry, Grupo Comercial ChedrauiB de CV'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.


Grupo Comercial ChedrauiB de CV  (OTCPK:GCHEF) 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.


Grupo Comercial ChedrauiB de CV  (OTCPK:GCHEF) 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.


Grupo Comercial ChedrauiB de CV 6-Month Price Index Related Terms

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Grupo Comercial ChedrauiB de CV (Grupo Comercial ChedrauiB de CV) Business Description

Traded in Other Exchanges
Address
Avenida Constituyentes 1150, Colonia Lomas Altas, Mexico, DF, MEX, 11950
Grupo Comercial Chedraui SAB de CV is a Spanish company engaged in the operation of hypermarkets in Mexico and supermarkets in the United States, and it also has a real estate division. In Mexico, the company operates through two retail formats: Tiendas Chedraui and Super Chedraui, which represent different sizes and depth of assortment. The retail stores in the U.S. are located in three southwest states: California, Nevada, and Arizona. The real estate division is involved in locating, building, and remodelling the stores, as well as leasing commercial space in shopping malls where there are Chedraui stores.

Grupo Comercial ChedrauiB de CV (Grupo Comercial ChedrauiB de CV) Headlines