GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Ambev SA (NYSE:ABEV) » Definitions » 6-Month Price Index

Ambev (ABEV) 6-Month Price Index : 0.93 (As of Apr. 27, 2024)


View and export this data going back to 1996. Start your Free Trial

What is Ambev 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 (2024-04-27), Ambev's 6-Month Price Index is 0.93.

Competitive Comparison of Ambev's 6-Month Price Index

For the Beverages - Brewers subindustry, Ambev'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.

Ambev  (NYSE:ABEV) 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.

Ambev  (NYSE:ABEV) 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.

Ambev 6-Month Price Index Related Terms

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

Ambev (ABEV) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Ambev SA (NYSE:ABEV) » Definitions » 6-Month Price Index
Comparable Companies
XPAR:SCHP XPAR:ALERS XPAR:ALSOG XPAR:ALGEN XPAR:MLJ21 XPAR:PERR XPAR:SWP XPAR:WAVE XPAR:ABEO XPAR:ALCLA XBRU:ABI XAMS:HEIA XAMS:HEIO HKSE:01876 OCSE:CARL B TSE:2502 HKSE:00291 TSX:TPX.B TAP SHSE:600600
Traded in Other Exchanges
ABEV:Mexico AMNA:Germany ABEV3:Brazil ABEV:Argentina
Address
Rua Doutor Renato Paes de Barros, 1017, 3rd Floor, Sao Paulo, SP, BRA, 04530-001
Website
https://www.ambev.com.br
Ambev is the largest brewer in Latin America and the Caribbean and is Anheuser-Busch InBev's subsidiary in the region. It produces, distributes, and sells beer and PepsiCo products in Brazil and other Latin American countries and owns Argentina's largest brewer, Quinsa. Ambev was formed in 1999 through the merger of Brazil's two largest beverage companies, Brahma and Antarctica. In 2004, Ambev combined with Canadian brewer Labatt, giving Interbrew (now AB InBev) a controlling interest of 61.8% as at the end of 2022.