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Grupo ModeloB de CV (XMAD:XGMD) 6-Month Price Index : 1.00 (As of Jun. 10, 2024)


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What is Grupo ModeloB 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 (2024-06-10), Grupo ModeloB de CV's 6-Month Price Index is 1.00.

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

For the Beverages - Brewers subindustry, Grupo ModeloB 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 ModeloB de CV  (XMAD:XGMD) 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 ModeloB de CV  (XMAD:XGMD) 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 ModeloB de CV 6-Month Price Index Related Terms

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Grupo ModeloB de CV (XMAD:XGMD) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Grupo Modelo SAB de CV (XMAD:XGMD) » Definitions » 6-Month Price Index
Comparable Companies
XAMS:HEIO TSE:2502 OCSE:CARL A TSE:2503 HKSE:01876 HKSE:00291 TSE:2587 SHSE:600809 TSX:TPX.A TAP XAMS:HEIA SHSE:600600 LIM:BACKUAC1 SZSE:000596 XZIM:DLTA.ZW SAM BOM:532478 OCSE:RBREW SHSE:600779 SHSE:600132
Traded in Other Exchanges
N/A
Address
Javier Barris Sierra No. 555, Col. Zedec Santa Fe, Mexico DF, MEX, 01210
Website
https://www.gmodelo.mx
Grupo Modelo SAB de CV is engaged in production, distribution, and marketing of beer. The company brews and distributes brands, including Corona Extra, Modelo Especial, Victoria, Pacífico and Negra Modelo. It exports eight brands and has a presence in more than 180 countries. The global portfolio includes Budweiser, Bud Light, Bud Light Platinum, Bud Light Ritas, Stella Artois, Michelob Ultra and O'Doul's non-alcoholic beer, produced by Anheuser-Busch InBev. Through a strategic alliance with Nestlé Waters, it distributes the brands of bottled water Sta. María and Nestlé Pureza Vital in Mexico.

Grupo ModeloB de CV (XMAD:XGMD) Headlines

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