Motorcar Parts of America, Inc. supplies automotive aftermarket non-discretionary replacement parts and test solutions. Its Hard Parts segment includes light duty rotating electric products like alternators and starters, wheel hub products, and brake-related items such as calipers, boosters, rotors, pads, master cylinders, and turbochargers. The Test Solutions and Diagnostic Equipment segment offers applications for combustion engine vehicles, electric vehicle production equipment, and software for power system emulation. The Heavy Duty segment provides replacement parts for heavy-duty trucks, industrial, marine, and agricultural applications. The MPAA YTD return is shown above.
The YTD Return on the MPAA YTD return page and across the coverage universe of our site,
is a measure of the total return for a given investment year-to-date for the current calendar year
(up to the end of prior trading session). Arguably, choosing the current calendar year for a measurement
period is on the one hand completely arbitrary, but on the other hand a year-to-date look can be extremely
useful in the context of our country's tax system which taxes gains and income on a calendar year basis.
Thus, researching Year-To-Date Returns is good practice for investors — whether MPAA YTD return or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's YTD return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the MPAA YTD return calculation (with any dividends reinvested as applicable), and to provide a
coverage universe of many stocks and ETFs to be able to compare YTD returns.
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