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Armada Data (TSXV:ARD) 6-Month Price Index : 2.00 (As of May. 26, 2024)


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What is Armada Data 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 (2024-05-26), Armada Data's 6-Month Price Index is 2.00.


Competitive Comparison of Armada Data's 6-Month Price Index

For the Internet Content & Information subindustry, Armada Data'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.


Armada Data  (TSXV:ARD) 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.


Armada Data  (TSXV:ARD) 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.


Armada Data 6-Month Price Index Related Terms

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


Armada Data (TSXV:ARD) Business Description

Traded in Other Exchanges
N/A
Address
5080 Timberlea Boulevard, Suite 215, Mississauga, ON, CAN, L4W 4M2
Armada Data Corp is primarily involved in the accumulation and sale of data related to the purchase of new and used vehicles. The reportable segments of the company are Insurance services, CarCost Canada, and information technology services. The company generates the majority of revenue from Insurance services.
Executives
Glenn Hrabovsky Director