GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » YTO Express Group Co Ltd (SHSE:600233) » Definitions » 6-Month Price Index

YTO Express Group Co (SHSE:600233) 6-Month Price Index : 1.26 (As of May. 15, 2024)


View and export this data going back to 2000. Start your Free Trial

What is YTO Express Group Co 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 (2024-05-15), YTO Express Group Co's 6-Month Price Index is 1.26.


Competitive Comparison of YTO Express Group Co's 6-Month Price Index

For the Integrated Freight & Logistics subindustry, YTO Express Group Co'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.


YTO Express Group Co  (SHSE:600233) 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.


YTO Express Group Co  (SHSE:600233) 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.


YTO Express Group Co 6-Month Price Index Related Terms

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


YTO Express Group Co (SHSE:600233) Business Description

Traded in Other Exchanges
N/A
Address
Xu Highway 3029, Huaxin Town, Qingpu District, Shanghai, CHN, 201705
YTO Express is one of the Tongda Operators—the top four national express delivery companies that use the network partner model. In this model, Tongdas provide line-haul transportation, sorting, and waybill services to their network partners for fees, while their local network partners provide first-mile pickup and last-mile delivery services under the Tongdas' brands and collect customer payments. The company was founded by Yu Huijiao in 2020. Yu remains chair and president with a 33.22% stake as of Sept. 30, 2023. Yu and Zhang Xiao Juan, who owned 2.15% of YTO as of that date, are persons acting in concert. YTO's strategic shareholder is leading China e-commerce company Alibaba Group and its affiliated companies, with around a 20.65% interest as of Dec. 2, 2023.

YTO Express Group Co (SHSE:600233) Headlines

No Headlines