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Kraken Robotics (Kraken Robotics) 6-Month Price Index : 1.54 (As of Jun. 10, 2024)


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What is Kraken Robotics 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 (2024-06-10), Kraken Robotics's 6-Month Price Index is 1.54.

Competitive Comparison of Kraken Robotics's 6-Month Price Index

For the Scientific & Technical Instruments subindustry, Kraken Robotics'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.

Kraken Robotics  (OTCPK:KRKNF) 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.

Kraken Robotics  (OTCPK:KRKNF) 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.

Kraken Robotics 6-Month Price Index Related Terms

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

Kraken Robotics (Kraken Robotics) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Kraken Robotics Inc (OTCPK:KRKNF) » Definitions » 6-Month Price Index
Comparable Companies
TSXV:NSCI TSXV:JTC TSXV:EDY XCNQ:MARY TSE:6861 FTV OSTO:HEXA B KEYS GRMN TDY TRMB TSE:7701 CGNX ST NOVT SZSE:002414 VNT COHR MKSI BMI
Traded in Other Exchanges
2KQ:Germany PNG:Canada
Address
189 Glencoe Drive, Mount Pearl, NL, CAN, A1N 4P6
Website
https://www.krakenrobotics.com
Kraken Robotics Inc is a Canadian company engaged in the design, manufacture and sale of software-centric sensors and underwater robotic systems. It operates in the business segments of Sensors and Platforms which is the design, manufacture, and sale and provision of services for underwater sonar and laser scanner sensor equipment and underwater vehicle platform; and Power which is the design, manufacture, and sale of subsea power equipment such as drives, thrusters, and batteries. A majority of the revenue is derived from the Sensors and Platforms segment. Geographically, the group generates revenue from Canada, the United States, Europe and other countries.

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