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The Trade Desk (BSP:T2TD34) 6-Month Price Index : 1.33 (As of May. 15, 2024)


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What is The Trade Desk 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 (2024-05-15), The Trade Desk's 6-Month Price Index is 1.33.

Competitive Comparison of The Trade Desk's 6-Month Price Index

For the Software - Application subindustry, The Trade Desk'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.

The Trade Desk  (BSP:T2TD34) 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.

The Trade Desk  (BSP:T2TD34) 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.

The Trade Desk 6-Month Price Index Related Terms

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

The Trade Desk (BSP:T2TD34) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » The Trade Desk Inc (BSP:T2TD34) » Definitions » 6-Month Price Index
Comparable Companies
DDOG ADSK ANSS FICO HUBS TEAM SNOW ZM PTC TYL CRM XTER:SAP INTU NOW UBER CDNS SHOP WDAY XPAR:DSY ROP
Traded in Other Exchanges
TTD:USA TTD:Mexico TT8:Germany
Address
42 N. Chestnut Street, Ventura, CA, USA, 93001
Website
https://www.thetradedesk.com
The Trade Desk provides a self-service platform that helps advertisers and ad agencies programmatically find and purchase digital ad inventory (display, video, audio, native, and social) on different devices like computers, smartphones, digital out of home, and connected TVs. It utilizes data to optimize the performance of ad impressions purchased. The firm's platform is referred to as a demand-side platform in the digital ad industry. The firm generates its revenue from fees based on a percentage of what its clients spend on advertising. The Trade Desk became a public company in 2016 and has since increased revenue at a 43% average annual rate. During that period, it has been profitable with operating margins of 10%-28%.

The Trade Desk (BSP:T2TD34) Headlines

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