GURUFOCUS.COM » STOCK LIST » Technology » Software » Mitek Systems Inc (FRA:MKQ) » Definitions » 6-Month Price Index

Mitek Systems (FRA:MKQ) 6-Month Price Index : 1.19 (As of Apr. 29, 2024)


View and export this data going back to 2013. Start your Free Trial

What is Mitek Systems 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 (2024-04-29), Mitek Systems's 6-Month Price Index is 1.19.

Competitive Comparison of Mitek Systems's 6-Month Price Index

For the Software - Application subindustry, Mitek Systems'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.

Mitek Systems  (FRA:MKQ) 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.

Mitek Systems  (FRA:MKQ) 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.

Mitek Systems 6-Month Price Index Related Terms

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

Mitek Systems (FRA:MKQ) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Mitek Systems Inc (FRA:MKQ) » Definitions » 6-Month Price Index
Comparable Companies
MTC SMWB VMEO BLND EB DAVE SMRT LAW DJCO WKME CRM XTER:SAP INTU NOW UBER SHOP CDNS WDAY ROP TSX:CSU
Traded in Other Exchanges
MITK:USA
Address
600 B Street, Suite 100, San Diego, CA, USA, 92101
Website
https://www.miteksystems.com
Mitek Systems Inc is engaged in the development, sale, and service of proprietary software solutions related to mobile imaging. The firm is a software development company with expertise in artificial intelligence, and machine learning. It is serving more than 7,800 financial services organizations and leading marketplace and financial technology brands across the globe. Mitek's Mobile Deposit solution is used by consumers for mobile check deposits. The company's Mobile Verify verifies a user's identity online enabling organizations to build safer digital communities, whereas CheckReader enables financial institutions to automatically extract data from a check image received across any deposit channel - branch, ATM, RDC, and mobile.

Mitek Systems (FRA:MKQ) Headlines

No Headlines