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ROWKF (RenoWorks Software) 6-Month Price Index : 0.89 (As of Dec. 12, 2024)


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What is RenoWorks Software 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 (2024-12-12), RenoWorks Software's 6-Month Price Index is 0.89.

Competitive Comparison of RenoWorks Software's 6-Month Price Index

For the Software - Application subindustry, RenoWorks Software'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.

RenoWorks Software  (OTCPK:ROWKF) 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.

RenoWorks Software  (OTCPK:ROWKF) 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.

RenoWorks Software 6-Month Price Index Related Terms

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

RenoWorks Software Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » RenoWorks Software Inc (OTCPK:ROWKF) » Definitions » 6-Month Price Index
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Traded in Other Exchanges
RW:Canada
Address
2721 Hopewell Place NE, 2nd Floor, Calgary, AB, CAN, T1Y 7J7
Website
https://www.renoworks.com
RenoWorks Software Inc is a Canada-based software company. It develops and distributes digital visualization software for the remodeling and new home construction industry. The company's product offering includes Design services, Licensing and hosting, Libraries, Implementation, and others. It serves manufacturers, contractors, retailers, marketers, homeowners, and builders.