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POET Technologies (POET Technologies) 6-Month Price Index : 1.69 (As of Jun. 05, 2024)


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What is POET Technologies 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 (2024-06-05), POET Technologies's 6-Month Price Index is 1.69.

Competitive Comparison of POET Technologies's 6-Month Price Index

For the Semiconductors subindustry, POET Technologies'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.

POET Technologies  (NAS:POET) 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.

POET Technologies  (NAS:POET) 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.

POET Technologies 6-Month Price Index Related Terms

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

POET Technologies (POET Technologies) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » POET Technologies Inc (NAS:POET) » Definitions » 6-Month Price Index
Comparable Companies
TSXV:QNC XCNQ:MRM NVDA TPE:2330 AVGO AMD QCOM TXN MU INTC ADI XKRX:000660 NXPI MRVL TPE:2454 XTER:IFX MCHP XPAR:STMPA MPWR TSE:6723
Traded in Other Exchanges
RI4A:Germany PTK:Canada
Address
120 Eglinton Avenue East, Suite 1107, Toronto, ON, CAN, M4P 1E2
Website
https://www.poet-technologies.com
POET Technologies Inc offers integration solutions based on the POET Optical Interposer, a novel platform for the seamless integration of electronic and photonic devices into a single module using advanced wafer-level manufacturing techniques and packaging methods. The company operates in a single segment of design, manufacture, and sale of semiconductor products and services for commercial applications. Its products have applications in Data Centers, Telecommunications, the Internet of Things & Industrial Sensing, Automotive LIDAR, and On-Board Optics. Its geographical segments are Asia, the United States, and Canada.