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TerrAscend (TSX:TSND) 6-Month Price Index : 0.97 (As of May. 13, 2024)


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What is TerrAscend 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 (2024-05-13), TerrAscend's 6-Month Price Index is 0.97.

Competitive Comparison of TerrAscend's 6-Month Price Index

For the Drug Manufacturers - Specialty & Generic subindustry, TerrAscend'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.

TerrAscend  (TSX:TSND) 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.

TerrAscend  (TSX:TSND) 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.

TerrAscend 6-Month Price Index Related Terms

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

TerrAscend (TSX:TSND) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » TerrAscend Corp (TSX:TSND) » Definitions » 6-Month Price Index
Comparable Companies
TSX:DHT.U TSX:WEED XCNQ:CL TSX:GUD NEOE:GLAS.A.U TSX:CRON XCNQ:AAWH.U TSX:ACB XCNQ:EPIC XCNQ:IAN ZTS XTER:MRK TSE:4502 LSE:HLN NSE:SUNPHARMA TSE:4523 TSE:4507 SZSE:000538 XSWX:SDZ HKSE:03692
Traded in Other Exchanges
TSNDF:USA TED:Germany
Address
3610 Mavis Road, Mississauga, ON, CAN, L5C 1W2
Website
https://www.terrascend.com
TerrAscend Corp is a company focused on creating and delivering quality cannabis products and services that meet the evolving needs of patients. It also provides education and support programs to physicians and patients through healthcare professionals. It has one operating segment, being cultivation, production, and sale of cannabis products, with subsidiaries located in Canada and the United States.
Executives
Jason Wild 10% Security Holder, Director

TerrAscend (TSX:TSND) Headlines

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