GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Evome Medical Technologies Inc (TSXV:EVMT) » Definitions » 6-Month Price Index

Evome Medical Technologies (TSXV:EVMT) 6-Month Price Index : 0.79 (As of Dec. 14, 2024)


View and export this data going back to 2014. Start your Free Trial

What is Evome Medical 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 (2024-12-14), Evome Medical Technologies's 6-Month Price Index is 0.79.


Competitive Comparison of Evome Medical Technologies's 6-Month Price Index

For the Medical Devices subindustry, Evome Medical 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.


Evome Medical Technologies  (TSXV:EVMT) 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.


Evome Medical Technologies  (TSXV:EVMT) 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.


Evome Medical Technologies 6-Month Price Index Related Terms

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


Evome Medical Technologies Business Description

Traded in Other Exchanges
Address
49 Natcon Drive, Shirley, New York, NY, USA, 11967
Evome Medical Technologies Inc is a medical device company. It is focused on human performance and rehabilitative solutions.

Evome Medical Technologies Headlines