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CRYBF (Dynamite Blockchain) 6-1 Month Momentum % : -57.07% (As of Mar. 31, 2025)


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What is Dynamite Blockchain 6-1 Month Momentum %?

6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2025-03-31), Dynamite Blockchain's 6-1 Month Momentum % is -57.07%.

The industry rank for Dynamite Blockchain's 6-1 Month Momentum % or its related term are showing as below:

CRYBF's 6-1 Month Momentum % is ranked worse than
94.56% of 2778 companies
in the Software industry
Industry Median: -0.51 vs CRYBF: -57.07

Competitive Comparison of Dynamite Blockchain's 6-1 Month Momentum %

For the Software - Infrastructure subindustry, Dynamite Blockchain's 6-1 Month Momentum %, along with its competitors' market caps and 6-1 Month Momentum % 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.


Dynamite Blockchain's 6-1 Month Momentum % Distribution in the Software Industry

For the Software industry and Technology sector, Dynamite Blockchain's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Dynamite Blockchain's 6-1 Month Momentum % falls into.


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Dynamite Blockchain  (OTCPK:CRYBF) 6-1 Month Momentum % Calculation

6-1 Month Momentum % is calculated as following:

6-1 Month Momentum %=( Price 1-month ago / Price 6-month ago - 1 ) * 100 %

* 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.


Dynamite Blockchain  (OTCPK:CRYBF) 6-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 6-1 Month Momentum % measures the total return to a stock over the past six months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.


Dynamite Blockchain 6-1 Month Momentum % Related Terms

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Dynamite Blockchain Business Description

Traded in Other Exchanges
Address
1055 West Georgia St, Suite 2400, Vancouver, BC, CAN, V6E 3P3
Dynamite Blockchain Corp is focused on building a blockchain ecosystem focused on Kaspa. Kaspa is a cryptocurrency and blockchain network that distinguishes itself with its algorithm and focus on scalability. It aims to overcome some of the limitations faced by earlier cryptocurrencies like Bitcoin and Ethereum, particularly in terms of speed of scalability.