Ecolomondo (Ecolomondo) 6-Month Price Index : 0.35 (As of May. 23, 2024)

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What is Ecolomondo 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 (2024-05-23), Ecolomondo's 6-Month Price Index is 0.35.

Competitive Comparison of Ecolomondo's 6-Month Price Index

For the Waste Management subindustry, Ecolomondo'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.

Ecolomondo (OTCPK:ECLMF) 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.

Ecolomondo (OTCPK:ECLMF) 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.

Ecolomondo 6-Month Price Index Related Terms

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Ecolomondo (Ecolomondo) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Ecolomondo Corp (OTCPK:ECLMF) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

ECM:Canada

Address

3435 Pitfield Boulevard, Saint-Laurent, QC, CAN, H4S 1H7

Website

https://www.ecolomondo.com

Ecolomondo Corp is a clean tech company focused on deployment of TDP turnkey facilities using its proprietary Thermal Decomposition Process (TDP) using a pyrolysis platform that converts hydrocarbon waste into marketable commodity end-products, namely carbon black substitute, oil, gas and steel. The Company's planned principal business is the sale, licencing and the manufacture of turnkey facilities based on the TDP technology platform as well as the collection of royalties from their operation or the operation of these facilities through wholly-owned or jointly-owned companies.