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Prophecy DeFi (XCNQ:PDFI) 6-Month Price Index : 1.50 (As of May. 28, 2024)


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What is Prophecy DeFi 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 (2024-05-28), Prophecy DeFi's 6-Month Price Index is 1.50.

Competitive Comparison of Prophecy DeFi's 6-Month Price Index

For the Credit Services subindustry, Prophecy DeFi'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.

Prophecy DeFi  (XCNQ:PDFI) 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.

Prophecy DeFi  (XCNQ:PDFI) 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.

Prophecy DeFi 6-Month Price Index Related Terms

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Prophecy DeFi (XCNQ:PDFI) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Prophecy DeFi Inc (XCNQ:PDFI) » Definitions » 6-Month Price Index
Comparable Companies
XCNQ:XTCY TSXV:FA XCNQ:XSF XCNQ:CALI.X XCNQ:MRBL TSXV:MIT TSX:AXIS TSXV:AFCC.H V MA AXP PYPL BOM:500034 COF TSE:8591 DFS XPAR:EDEN NSE:CHOLAFIN SYF BOM:543257
Traded in Other Exchanges
V8M:Germany
Address
87 Scollard Street, Suite 100, Toronto, ON, CAN, M5R 1G4
Website
https://www.prophecydefi.com
Prophecy DeFi Inc aims to bring together technology start-ups in the Blockchain and DeFi sectors to fund innovation, elevate industry research, and create new business opportunities in a coherent ecosystem. The Company derives its income from digital currencies received for providing liquidity to decentralized cryptocurrency exchanges. Liquidity provisioning is Layer2 Blockchain's principal business activity and is the process where liquidity, in the form of digital assets, is deployed into the liquidity pools of decentralized exchanges.
Executives
John Andrew Mcmahon Director, Senior Officer

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