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Power REIT (FRA:P8P) 6-Month Price Index : 0.59 (As of Jun. 01, 2024)


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What is Power REIT 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 (2024-06-01), Power REIT's 6-Month Price Index is 0.59.

Competitive Comparison of Power REIT's 6-Month Price Index

For the REIT - Specialty subindustry, Power REIT'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.

Power REIT  (FRA:P8P) 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.

Power REIT  (FRA:P8P) 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.

Power REIT 6-Month Price Index Related Terms

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

Power REIT (FRA:P8P) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Power REIT (FRA:P8P) » Definitions » 6-Month Price Index
Comparable Companies
CORRQ AMT EQIX DLR CCI IRM WY SBAC LAMR GLPI RYN BSP:ZIFI11 HASI PCH EPR OUT ASX:WPR ASX:ARF SGX:DCRU UNIT
Traded in Other Exchanges
PW.PRA.PFD:USA PW:USA
Address
301 Winding Road, Old Bethpage, NY, USA, 11804
Website
https://www.pwreit.com
Power REIT is a real estate investment trust (REIT) that owns real estate related to properties for Controlled Environment Agriculture, Renewable Energy and Transportation. The company is actively seeking to expand its real estate portfolio related to Controlled Environment Agriculture for the cultivation of food and cannabis. The company is focused on CEA in the form of a greenhouse which uses dramatically less energy than indoor growing, 95% less water usage than outdoor growing and does not have any agricultural runoff of fertilizers or pesticides. To date, its greenhouse properties are operated for the cultivation of cannabis by state-licensed operators.

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