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CNGFF (Change Financial) 6-Month Price Index : 3.98 (As of Dec. 11, 2024)


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What is Change Financial 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 (2024-12-11), Change Financial's 6-Month Price Index is 3.98.

Competitive Comparison of Change Financial's 6-Month Price Index

For the Information Technology Services subindustry, Change Financial'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.

Change Financial  (OTCPK:CNGFF) 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.

Change Financial  (OTCPK:CNGFF) 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.

Change Financial 6-Month Price Index Related Terms

Thank you for viewing the detailed overview of Change Financial's 6-Month Price Index provided by GuruFocus.com. Please click on the following links to see related term pages.

Change Financial Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Change Financial Ltd (OTCPK:CNGFF) » Definitions » 6-Month Price Index
Comparable Companies
ASX:KYP ASX:ATV ASX:SOC ASX:CCG ASX:CNW ASX:CCR ASX:FFT ASX:REM ASX:DOU ASX:CT1 ACN NSE:TCS IBM NSE:INFY FI NSE:HCLTECH CTSH XPAR:CAP FIS CDW
Traded in Other Exchanges
CCA:Australia
Address
340 Adelaide Street, Suite 3E, Level 3, Brisbane, QLD, AUS, 4000
Website
https://www.changefinancial.com
Change Financial Ltd is a fintech company. It develops payment processors and provides mobile banking services through its mobile application. The company operates in a single segment that is the development and provision of card payments software and services. The company serves business and financial institutions.

Change Financial Headlines

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