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Technovative Group (Technovative Group) 6-Month Price Index : 1.00 (As of Jun. 09, 2024)


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What is Technovative Group 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 (2024-06-09), Technovative Group's 6-Month Price Index is 1.00.


Competitive Comparison of Technovative Group's 6-Month Price Index

For the Software - Application subindustry, Technovative Group'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.


Technovative Group  (GREY:TEHG) 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.


Technovative Group  (GREY:TEHG) 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.


Technovative Group 6-Month Price Index Related Terms

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Technovative Group (Technovative Group) Business Description

Traded in Other Exchanges
N/A
Address
30 Canton Road, Unit 701, 7th Floor, Tower 2, Silvercord, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
Technovative Group Inc is a technology software development company focused in the financial technology industry by providing blockchain solutions and big data analytics technologies to financial service institutions in the Greater China Region and the Southeast Asia Region. The company's product consists of Hedu SmartSuite, SmartCon, SmartTrader, and SmartWallet. The company earns revenue in the form of subscription, referral fees, and services, and data analytics and market research.

Technovative Group (Technovative Group) Headlines

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