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FRX Innovations (TSXV:FRXI) 6-Month Price Index : 1.75 (As of Jun. 06, 2024)


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What is FRX Innovations 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 (2024-06-06), FRX Innovations's 6-Month Price Index is 1.75.

Competitive Comparison of FRX Innovations's 6-Month Price Index

For the Specialty Chemicals subindustry, FRX Innovations'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.

FRX Innovations  (TSXV:FRXI) 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.

FRX Innovations  (TSXV:FRXI) 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.

FRX Innovations 6-Month Price Index Related Terms

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

FRX Innovations (TSXV:FRXI) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » FRX Innovations Inc (TSXV:FRXI) » Definitions » 6-Month Price Index
Comparable Companies
TSXV:GGG TSXV:IZ XCNQ:SIXW TSXV:IPD XCNQ:SURE TSXV:CNO XCNQ:FNDX XCNQ:HG LIN XPAR:AI APD SHW ECL XSWX:SIKA SHSE:600309 BOM:500820 DD XSWX:GIVN LYB PPG
Traded in Other Exchanges
FRXIF:USA W2A:Germany
Address
200 Turnpike Road, Chelmsford, MA, USA, 01824
Website
https://www.frx-innovations.com
FRX Innovations Inc is a manufacturer of environmentally sustainable flame retardant solutions within the plastics and additives market that serve a number of large markets spanning electronics, automotive, electric vehicles (EV), and medical devices. The company manufactures products under the brand name Nofia. Its product portfolio consists of Nofia Polyphosphonates, which are produced using sustainable green chemistry principles such as a solvent-free production process, no waste byproducts, and atom efficiency; Nofia Homopolymers; Nofia Reactive Oligomers.

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