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DeFi Technologies (NEOE:DEFI) 6-Month Price Index : 4.38 (As of Jun. 07, 2024)


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What is DeFi Technologies 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 (2024-06-07), DeFi Technologies's 6-Month Price Index is 4.38.

Competitive Comparison of DeFi Technologies's 6-Month Price Index

For the Capital Markets subindustry, DeFi Technologies'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.

DeFi Technologies  (NEOE:DEFI) 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.

DeFi Technologies  (NEOE:DEFI) 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.

DeFi Technologies 6-Month Price Index Related Terms

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

DeFi Technologies (NEOE:DEFI) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » DeFi Technologies Inc (NEOE:DEFI) » Definitions » 6-Month Price Index
Comparable Companies
TSXV:HIVE TSX:XAU TSXV:DMGI NEOE:GRDI XCNQ:BIGG TSX:PNP TSXV:NDA TSXV:XBOT XCNQ:PACT TSXV:BTCW MS GS SCHW ASX:MQG SHSE:600030 BSP:BPAC3 RJF TW LPLA SHSE:601066
Traded in Other Exchanges
DEFTF:USA R9B:Germany
Address
198 Davenport Road, Toronto, ON, CAN, M5R 1J2
Website
https://www.valour.com
DeFi Technologies Inc formerly Valour Inc is a Canadian technology company bridging the gap between traditional capital markets and decentralized finance. The Company generates revenues through the issuance of exchange-traded products that synthetically track the value of a single DeFi protocol, investments in various companies, and protocols across the decentralized finance ecosystem to build a diversified portfolio of decentralized finance assets and offering node management of decentralized protocols to support governance, security and transaction validation. The Company has 3 operating business segments; Canada, Bermuda, and the Cayman Islands.
Executives
Wouter Witvoet Senior Officer

DeFi Technologies (NEOE:DEFI) Headlines