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Bactech Environmental (XCNQ:BAC) 6-Month Price Index : 0.81 (As of May. 02, 2024)


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What is Bactech Environmental 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 (2024-05-02), Bactech Environmental's 6-Month Price Index is 0.81.

Competitive Comparison of Bactech Environmental's 6-Month Price Index

For the Waste Management subindustry, Bactech Environmental'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.

Bactech Environmental  (XCNQ:BAC) 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.

Bactech Environmental  (XCNQ:BAC) 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.

Bactech Environmental 6-Month Price Index Related Terms

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Bactech Environmental (XCNQ:BAC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Bactech Environmental Corp (XCNQ:BAC) » Definitions » 6-Month Price Index
Comparable Companies
TSXV:ROOF TSX:ANRG XCNQ:LUX TSXV:EWK TSXV:BLM TSXV:VCI TSXV:BQE TSXV:CMC TSXV:YES TSXV:VTX WM RSG WCN XPAR:VIE GFL CLH XMAD:FCC CWST SHSE:603568 SZSE:002340
Traded in Other Exchanges
BCCEF:USA 0BT1:Germany
Address
37 King Street East, Suite 409, Toronto, ON, CAN, M5C 1E9
Website
https://www.bactechgreen.com
Bactech Environmental Corp is an environmental technology company based in Canada. It is engaged in applying the bioleaching technology to abatement and reclamation projects to remove the harmful elements including arsenic and sulphur from the environment.