Tokens.com (TSXV:COIN) 6-Month Price Index : 0.82 (As of Apr. 29, 2024)

View and export this data going back to 2021. Start your Free Trial

What is Tokens.com 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), Tokens.com's 6-Month Price Index is 0.82.

Competitive Comparison of Tokens.com's 6-Month Price Index

For the Capital Markets subindustry, Tokens.com'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.

Tokens.com (TSXV:COIN) 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.

Tokens.com (TSXV:COIN) 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.

Tokens.com 6-Month Price Index Related Terms

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

Tokens.com (TSXV:COIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Tokens.com Corp (TSXV:COIN) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

SMURF:USA 76M:Germany

Address

100 King Street West, 3400 One First Canadian Place, Toronto, ON, CAN, M5X 1A4

Website

https://www.tokens.com

Tokens.com Corp is traded technology company that invests in web3 assets and builds web3 business. It operates the technology that secures next generation blockchain networks through Proof-of-Stake technology that supports the growth of decentralized finance applications. The Company focuses on three operating segments: i) crypto staking, ii) the metaverse and, iii) play-to-earn crypto gaming. It generate majority of its revenue from staking.