Phoenix Life Sciences International (Phoenix Life Sciences International) 6-1 Month Momentum % : N/A% (As of May. 19, 2024)

View and export this data going back to 2010. Start your Free Trial

What is Phoenix Life Sciences International 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 (2024-05-19), Phoenix Life Sciences International's 6-1 Month Momentum % is N/A%.

The industry rank for Phoenix Life Sciences International's 6-1 Month Momentum % or its related term are showing as below:

PLSI's 6-1 Month Momentum % is not ranked ^*
in the Drug Manufacturers industry.
Industry Median: -3.26
* Ranked among companies with meaningful 6-1 Month Momentum % only.

Competitive Comparison of Phoenix Life Sciences International's 6-1 Month Momentum %

For the Drug Manufacturers - Specialty & Generic subindustry, Phoenix Life Sciences International'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.

Phoenix Life Sciences International's 6-1 Month Momentum % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Phoenix Life Sciences International's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Phoenix Life Sciences International's 6-1 Month Momentum % falls into.

Phoenix Life Sciences International (OTCPK:PLSI) 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.

Phoenix Life Sciences International (OTCPK:PLSI) 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.

Phoenix Life Sciences International 6-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of Phoenix Life Sciences International's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.

Phoenix Life Sciences International (Phoenix Life Sciences International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Phoenix Life Sciences International Ltd (OTCPK:PLSI) » Definitions » 6-1 Month Momentum %

Traded in Other Exchanges

N/A

Address

4262 Blue Diamond Road, Suite 102-277, Las Vegas, NV, USA, 89139

Website

http://www.phoenixlife.co

Phoenix Life Sciences International Ltd is an adaptive healthcare solutions company. Its business is to advance research and integrate programs and manufacturing of products that target and treat diabetes, pain, cancer, and address psychological, gastrointestinal, autoimmune, neurological and sleep disorders. The company strive to create partnerships and integrate these programs for human health into communities worldwide as part of its Global Health Initiative. Its products include Onco, Metabolic, Transdermal Patche, Medi-Strip Relaxation, and others.