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Infinitii Ai (Infinitii Ai) 6-1 Month Momentum % : 110.53% (As of Apr. 26, 2024)


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What is Infinitii Ai 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 (2024-04-26), Infinitii Ai's 6-1 Month Momentum % is 110.53%.

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

CDTAF's 6-1 Month Momentum % is ranked better than
98.33% of 2807 companies
in the Software industry
Industry Median: 6.02 vs CDTAF: 110.53

Competitive Comparison of Infinitii Ai's 6-1 Month Momentum %

For the Software - Application subindustry, Infinitii Ai'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.


Infinitii Ai's 6-1 Month Momentum % Distribution in the Software Industry

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

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



Infinitii Ai  (OTCPK:CDTAF) 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.


Infinitii Ai  (OTCPK:CDTAF) 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.


Infinitii Ai 6-1 Month Momentum % Related Terms

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Infinitii Ai (Infinitii Ai) Business Description

Traded in Other Exchanges
Address
1090 West Georgia Street, Suite 488, Vancouver, BC, CAN, V6E 3V7
Infinitii Ai Inc provides environmental monitoring to water infrastructure utilities in the U.S and Canada. The group has developed AI-driven predictive analytics software for Smart City and Smart Industry infrastructure operations that rely on time-series data. The software performs real-time analysis, checks flow monitoring status, sets alarms through a single interface, accepts all types of data from any source, and offers predictive and prescriptive machine learning analytics. The company serves its customers through a trusted partner network that includes engineering and IT services companies like AECOM, Core & Main, Kerr Wood Leidal, K2 Geospatial, and CSL Services. It has one segment, comprised of data services. It derives the majority of its revenue from Canada.