GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Cathedra Bitcoin Inc (TSXV:CBIT) » Definitions » 6-Month Price Index

Cathedra Bitcoin (TSXV:CBIT) 6-Month Price Index : 0.95 (As of Jun. 10, 2024)


View and export this data going back to 2011. Start your Free Trial

What is Cathedra Bitcoin 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 (2024-06-10), Cathedra Bitcoin's 6-Month Price Index is 0.95.


Competitive Comparison of Cathedra Bitcoin's 6-Month Price Index

For the Capital Markets subindustry, Cathedra Bitcoin'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.


Cathedra Bitcoin  (TSXV:CBIT) 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.


Cathedra Bitcoin  (TSXV:CBIT) 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.


Cathedra Bitcoin 6-Month Price Index Related Terms

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


Cathedra Bitcoin (TSXV:CBIT) Business Description

Traded in Other Exchanges
Address
320 - 638 Broughton Street, Vancouver, BC, CAN, V6G 3K3
Cathedra Bitcoin Inc is a Bitcoin company that believes sound money and abundant energy are the keys to human flourishing. The Company has diversified bitcoin mining operations which produce 355 PH/s across three states and five locations in the United States. The Company is focused on managing and expanding its portfolio of hash rate through a diversified approach to site selection and operations, utilizing multiple energy sources across various jurisdictions.
Executives
Thomas Armstrong Director, Senior Officer

Cathedra Bitcoin (TSXV:CBIT) Headlines

No Headlines