GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Micromem Technologies Inc (XCNQ:MRM) » Definitions » 6-Month Price Index

Micromem Technologies (XCNQ:MRM) 6-Month Price Index : 0.55 (As of Mar. 30, 2025)


View and export this data going back to 2009. Start your Free Trial

What is Micromem 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 (2025-03-30), Micromem Technologies's 6-Month Price Index is 0.55.


Competitive Comparison of Micromem Technologies's 6-Month Price Index

For the Semiconductors subindustry, Micromem 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.


Micromem Technologies  (XCNQ:MRM) 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.


Micromem Technologies  (XCNQ:MRM) 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.


Micromem Technologies 6-Month Price Index Related Terms

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


Micromem Technologies Business Description

Traded in Other Exchanges
Address
121 Richmond Street West, Suite 602, Toronto, ON, CAN, M5H 2K1
Micromem Technologies Inc develops, based upon proprietary technology, customized sensor applications for companies. The technology has a combination of superior sensitivity, robust structure, cost-effectiveness, and small size enabling a wide variety of applications within multiple industry sectors. Some of the sensors applications are Oil Sensor Solutions, Structural Integrity Sensors, Nanoparticle Detection Solutions and Energy Storage Solutions.
Executives
Alex Dey Director
Diana Fuda Senior Officer
Bash Khan Senior Officer
Joseph Fuda Director, Senior Officer