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Commerce Split (TSX:YCM) 6-Month Price Index : 3.54 (As of Apr. 28, 2024)


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What is Commerce Split 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 (2024-04-28), Commerce Split's 6-Month Price Index is 3.54.

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

For the Asset Management subindustry, Commerce Split'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.

Commerce Split  (TSX:YCM) 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.

Commerce Split  (TSX:YCM) 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.

Commerce Split 6-Month Price Index Related Terms

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

Commerce Split (TSX:YCM) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Commerce Split Corp (TSX:YCM) » Definitions » 6-Month Price Index
Comparable Companies
XCNQ:BLR XCNQ:BVOF.A XCNQ:EATS TSX:SBN XCNQ:GPK XCNQ:TEAM TSXV:LBI TSXV:PVIS TSX:MKZ.UN XCNQ:LLL BLK BX KKR OSTO:INVE A TSX:BN APO BK AMP XSWX:PGHN OSTO:EQT
Traded in Other Exchanges
YCM.PR.B.PFD:Canada YCM.PR.A.PFD:Canada
Address
77 King Street West, P.O. Box 341, Suite 4500, Royal Trust Tower, Toronto, ON, CAN, M5K 1K7
Website
https://www.quadravest.com
Commerce Split Corp is a mutual fund company. It invests in common shares of Canadian imperial bank of commerce. The corporation offers three types of shares, a Capital share, a Class I Preferred, and a Class II Preferred.

Commerce Split (TSX:YCM) Headlines

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