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Prospa Group (ASX:PGL) 6-Month Price Index : 1.03 (As of Jun. 08, 2024)


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What is Prospa Group 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 (2024-06-08), Prospa Group's 6-Month Price Index is 1.03.

Competitive Comparison of Prospa Group's 6-Month Price Index

For the Credit Services subindustry, Prospa Group'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.

Prospa Group  (ASX:PGL) 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.

Prospa Group  (ASX:PGL) 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.

Prospa Group 6-Month Price Index Related Terms

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

Prospa Group (ASX:PGL) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Prospa Group Ltd (ASX:PGL) » Definitions » 6-Month Price Index
Comparable Companies
ASX:HMY ASX:MME ASX:PLT ASX:EPY ASX:TGA ASX:WZR ASX:PNC ASX:BTN ASX:FSA ASX:HUM V MA AXP PYPL BOM:500034 COF TSE:8591 DFS XPAR:EDEN NSE:CHOLAFIN
Traded in Other Exchanges
N/A
Address
4-16 Yurong Street, Level 1, Sydney, NSW, AUS, 2000
Website
https://www.prospa.com
Prospa Group Ltd is engaged in the design, building and utilizing cloud-based data-rich and API-ended technologies to deliver seamless customer experiences for the small business. It uses third-party software and service providers as the core component of the technology platform. The company's technological innovation includes Customer experience, Credit Decision Engine, Partner Technical Solutions, and Internal Workflow and Automation.

Prospa Group (ASX:PGL) Headlines

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