Axe2 Acquisitions (TSXV:AXET.P) 6-Month Price Index : 0.64 (As of Jun. 08, 2024)

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What is Axe2 Acquisitions 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), Axe2 Acquisitions's 6-Month Price Index is 0.64.

Competitive Comparison of Axe2 Acquisitions's 6-Month Price Index

For the Shell Companies subindustry, Axe2 Acquisitions'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.

Axe2 Acquisitions (TSXV:AXET.P) 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.

Axe2 Acquisitions (TSXV:AXET.P) 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.

Axe2 Acquisitions 6-Month Price Index Related Terms

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Axe2 Acquisitions (TSXV:AXET.P) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Axe2 Acquisitions Inc (TSXV:AXET.P) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

N/A

Address

25 King Street West, 29th Floor, Toronto, ON, CAN, M5L1G3

Website

Axe2 Acquisitions Inc is a capital pool company.

Axe2 Acquisitions (TSXV:AXET.P) Headlines

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