GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Nextleaf Solutions Ltd (XCNQ:OILS) » Definitions » 6-Month Price Index

Nextleaf Solutions (XCNQ:OILS) 6-Month Price Index : 2.73 (As of May. 17, 2024)


View and export this data going back to 2017. Start your Free Trial

What is Nextleaf Solutions 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 (2024-05-17), Nextleaf Solutions's 6-Month Price Index is 2.73.

Competitive Comparison of Nextleaf Solutions's 6-Month Price Index

For the Drug Manufacturers - Specialty & Generic subindustry, Nextleaf Solutions'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.

Nextleaf Solutions  (XCNQ:OILS) 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.

Nextleaf Solutions  (XCNQ:OILS) 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.

Nextleaf Solutions 6-Month Price Index Related Terms

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

Nextleaf Solutions (XCNQ:OILS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Nextleaf Solutions Ltd (XCNQ:OILS) » Definitions » 6-Month Price Index
Comparable Companies
TSXV:NDVA XCNQ:SLNG TSX:WLLW XCNQ:IMCC XCNQ:STHZ XCNQ:RVV TSX:CTX XCNQ:TGIF TSX:DN TSXV:VM ZTS XTER:MRK TSE:4502 LSE:HLN NSE:SUNPHARMA TSE:4523 TSE:4507 SZSE:000538 XSWX:SDZ HKSE:03692
Traded in Other Exchanges
OILFF:USA
Address
68 Water Street, Suite 304, Vancouver, BC, CAN, V6B 1A4
Website
https://www.nextleafsolutions.com
Nextleaf Solutions Ltd is is a Canadian cannabis extractor and processor, with a focus on developing intellectual property for the extraction, distillation formulation, and delivery of cannabinoids. The Company has a single reportable segment being the provision of goods and services to the cannabis industry in Canada. All the Company's revenues are generated in Canada. Revenue from sale of goods and services includes sales of bulk distillate, branded (Glacial Gold) vape pens, oils, and softgels (branded extract products), and private label which includes toll processing and other services. Majority being from Branded extract products.
Executives
Emma Jane Andrews Senior Officer

Nextleaf Solutions (XCNQ:OILS) Headlines

No Headlines