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Pineapple Financial (Pineapple Financial) 6-Month Price Index : 0.54 (As of Jun. 14, 2024)


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What is Pineapple 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 (2024-06-14), Pineapple Financial's 6-Month Price Index is 0.54.

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

For the Mortgage Finance subindustry, Pineapple 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.

Pineapple Financial  (AMEX:PAPL) 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.

Pineapple Financial  (AMEX:PAPL) 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.

Pineapple Financial 6-Month Price Index Related Terms

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

Pineapple Financial (Pineapple Financial) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Pineapple Financial Inc (AMEX:PAPL) » Definitions » 6-Month Price Index
Comparable Companies
Traded in Other Exchanges
N/A
Address
111 Gordon Baker Road, Unit 200, North York, Toronto, ON, CAN, M2H 3R1
Website
https://www.gopineapple.com
Pineapple Financial Inc is a Canada-based mortgage technology and brokerage company that provides mortgage brokerage services and technology solutions to Canadian mortgage agents, brokers, sub-brokers, brokerages, and consumers. Through its data-driven systems together with cloud-based tools, it offers advantages in the Canadian mortgage industry relative to alternative mortgage broker arrangements and also provides back office services.