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Kuaishou Technology (HKSE:01024) 6-Month Price Index : 0.98 (As of May. 21, 2024)


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What is Kuaishou Technology 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 (2024-05-21), Kuaishou Technology's 6-Month Price Index is 0.98.

Competitive Comparison of Kuaishou Technology's 6-Month Price Index

For the Internet Content & Information subindustry, Kuaishou Technology'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.

Kuaishou Technology  (HKSE:01024) 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.

Kuaishou Technology  (HKSE:01024) 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.

Kuaishou Technology 6-Month Price Index Related Terms

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

Kuaishou Technology (HKSE:01024) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Kuaishou Technology (HKSE:01024) » Definitions » 6-Month Price Index
Comparable Companies
HKSE:00772 HKSE:09899 HKSE:01357 HKSE:01896 HKSE:03700 HKSE:02008 HKSE:00150 HKSE:00543 HKSE:01980 HKSE:01739 GOOGL META HKSE:00700 XAMS:PRX BIDU SPOT DASH JSE:NPN XKRX:035420 PINS
Traded in Other Exchanges
KSHTY:USA KUASF:USA 5Y0:Germany 5Y0:Germany
Address
No. 6, Shangdi West Road, Building 1, Haidian District, Beijing, CHN, 100085
Website
https://www.kuaishou.com
Kuaishou Technology is a social media platform on which users can share short-form videos that are up to 5 minutes long. The audience engages with the platform by looking at different videos on demand at any time, similar to TikTok. About 52% of revenue is generated from advertising, mainly in the form of targeted ads related to the video content—known as closed-loop ads—but also from outside unrelated brands. Kuaishou also generates livestream revenue by selling virtual gifts to fans that are donated to performers. It also has livestreaming e-commerce, where users purchase products related to the video, generating commission from each transaction. Kuaishou competes mainly with ByteDance's Douyin, as both are short-form video platforms. Tencent owns 19% of Kuaishou.

Kuaishou Technology (HKSE:01024) Headlines

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