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PowerBand Solutions (PowerBand Solutions) 6-Month Price Index : 4.21 (As of May. 16, 2024)


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What is PowerBand Solutions 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 (2024-05-16), PowerBand Solutions's 6-Month Price Index is 4.21.

Competitive Comparison of PowerBand Solutions's 6-Month Price Index

For the Software - Application subindustry, PowerBand Solutions'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.

PowerBand Solutions  (OTCPK:PWWBF) 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.

PowerBand Solutions  (OTCPK:PWWBF) 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.

PowerBand Solutions 6-Month Price Index Related Terms

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

PowerBand Solutions (PowerBand Solutions) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » PowerBand Solutions Inc (OTCPK:PWWBF) » Definitions » 6-Month Price Index
Comparable Companies
TSXV:NCI XCNQ:IAI XCNQ:AIG TSXV:NPA TSXV:INSP TSXV:FUND TSX:FDGE TSXV:RW TSXV:ZONE XCNQ:DVN CRM XTER:SAP INTU NOW UBER CDNS SHOP WDAY XPAR:DSY ROP
Traded in Other Exchanges
PBX:Canada
Address
3385 Harvester Road, Suite 225, Burlington, ON, CAN, L7N 3N2
Website
https://www.powerbandsolutions.com
PowerBand Solutions Inc is a technology provider. It has developed a powerful suite of cloud-based transaction platforms to buy, sell, trade, finance and lease new and used vehicles, which includes real time appraisal services, market information and financing solutions. The company provides various solutions such as LiveNet, Marketplace Auction, Dynamic Appraisal, and Market Intelligence. The LiveNet Auction Portal allows Dealers to create an instant, online auction that launches a used vehicle to a vast network of the industry's top used vehicle buyers. Appraisal System is customizable to meet the respective compliance requirements.