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Mdf Commerce (Mdf Commerce) 6-Month Price Index : 1.46 (As of Apr. 29, 2024)


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What is Mdf Commerce 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), Mdf Commerce's 6-Month Price Index is 1.46.

Competitive Comparison of Mdf Commerce's 6-Month Price Index

For the Software - Infrastructure subindustry, Mdf Commerce'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.

Mdf Commerce  (OTCPK:MECVF) 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.

Mdf Commerce  (OTCPK:MECVF) 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.

Mdf Commerce 6-Month Price Index Related Terms

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

Mdf Commerce (Mdf Commerce) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Mdf Commerce Inc (OTCPK:MECVF) » Definitions » 6-Month Price Index
Comparable Companies
TSX:STC TSX:PAY TSX:HAI TSX:GIVX NEOE:VERS XCNQ:SCPE TSX:MOGO NEOE:BTQ TSX:OPT TSXV:NBVA MSFT ORCL ADBE PANW SNPS CRWD PLTR FTNT SQ XAMS:ADYEN
Traded in Other Exchanges
MDF:Canada
Address
1111 St-Charles Street West, East Tower, Suite 255, Longueuil, QC, CAN, J4K 5G4
Website
https://www.mdfcommerce.com
Mdf Commerce Inc enables the flow of commerce by providing a broad set of SaaS solutions that optimize and accelerate commercial interactions between buyers and sellers. Its platforms and services empower businesses around the world, allowing them to generate billions of dollars in transactions on an annual basis. The company's procurement, e-commerce and e-marketplace platforms are supported by a strong and dedicated team based in Canada, the United States, Denmark, Ukraine, and China.