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Pinetree Capital (TSX:PNP) 6-Month Price Index : 1.45 (As of Jun. 02, 2024)


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What is Pinetree Capital 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 (2024-06-02), Pinetree Capital's 6-Month Price Index is 1.45.

Competitive Comparison of Pinetree Capital's 6-Month Price Index

For the Capital Markets subindustry, Pinetree Capital'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.

Pinetree Capital  (TSX:PNP) 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.

Pinetree Capital  (TSX:PNP) 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.

Pinetree Capital 6-Month Price Index Related Terms

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

Pinetree Capital (TSX:PNP) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Pinetree Capital Ltd (TSX:PNP) » Definitions » 6-Month Price Index
Comparable Companies
TSXV:NDA XCNQ:BIGG NEOE:GRDI TSXV:XBOT XCNQ:PACT TSXV:BTCW TSXV:HFC TSXV:SATO TSXV:FRNT XCNQ:HODL MS GS SCHW ASX:MQG SHSE:600030 BSP:BPAC3 RJF TW LPLA SHSE:601066
Traded in Other Exchanges
PNPFF:USA PI1:Germany
Address
1965 Queen Street East, Unit 200, Toronto, ON, CAN, M4L 1H9
Website
https://www.pinetreecapital.com
Pinetree Capital Ltd is an investment and merchant banking company. It is engaged in the small-cap market with early-stage investments in resource and technology components. The company has a single reportable geographic segment, Canada. Pinetree's investment portfolio consists of investments, cash, cash equivalents, and cash due from brokers.
Executives
John Edward Somerville Bouffard Senior Officer

Pinetree Capital (TSX:PNP) Headlines

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