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Acreage Holdings (XCNQ:ACRG.A.U) 6-Month Price Index : 1.31 (As of May. 01, 2024)


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What is Acreage Holdings 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 (2024-05-01), Acreage Holdings's 6-Month Price Index is 1.31.

Competitive Comparison of Acreage Holdings's 6-Month Price Index

For the Drug Manufacturers - Specialty & Generic subindustry, Acreage Holdings'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.

Acreage Holdings  (XCNQ:ACRG.A.U) 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.

Acreage Holdings  (XCNQ:ACRG.A.U) 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.

Acreage Holdings 6-Month Price Index Related Terms

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Acreage Holdings (XCNQ:ACRG.A.U) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Acreage Holdings Inc (XCNQ:ACRG.A.U) » Definitions » 6-Month Price Index
Comparable Companies
XCNQ:MMEN XCNQ:CXXI TSX:AVNT XCNQ:GDNS TSXV:LSL TSX:MDP TSX:AVCN TSX:CWEB TSXV:PCLO XCNQ:TIUM.U ZTS XTER:MRK TSE:4502 LSE:HLN NSE:SUNPHARMA TSE:4523 TSE:4507 SZSE:000538 XSWX:SDZ HKSE:03692
Traded in Other Exchanges
ACRHF:USA ACRDF:USA 0VZ1:Germany ACRG.B.U:Canada
Address
450 Lexington Avenue, Suite 3308, New York, NY, USA, 10163
Website
https://www.acreageholdings.com
Acreage Holdings Inc is a vertically integrated, multi-state operator in the cannabis industry. Its business operations include cultivating, processing, distributing, and retailing cannabis. The Company derives its revenues from its retail dispensary business, where cannabis and cannabis-infused products are sold to consumers. Its geographic segments include New England, Mid-Atlantic, Midwest, West, and South. The Company operates under one operating segment, which is: the production and sale of cannabis products.

Acreage Holdings (XCNQ:ACRG.A.U) Headlines

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