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Redishred Capital (TSXV:KUT) 6-Month Price Index : 0.89 (As of May. 26, 2024)


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What is Redishred Capital 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 (2024-05-26), Redishred Capital's 6-Month Price Index is 0.89.

Competitive Comparison of Redishred Capital's 6-Month Price Index

For the Specialty Business Services subindustry, Redishred Capital'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.

Redishred Capital  (TSXV:KUT) 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.

Redishred Capital  (TSXV:KUT) 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.

Redishred Capital 6-Month Price Index Related Terms

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

Redishred Capital (TSXV:KUT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Redishred Capital Corp (TSXV:KUT) » Definitions » 6-Month Price Index
Comparable Companies
TSXV:CANS TSX:DCM LSE:REL TSX:TRI CTAS CPRT XAMS:WKL GPN TSX:RBA LSE:RTO ASX:BXB XPAR:SW LSE:ITRK ARMK XAMS:INPST DLB TSE:7911 TSE:7912 ULS XPAR:TEP
Traded in Other Exchanges
RDCPF:USA
Address
2233 Argentia Road, Suite 202, Mississauga, ON, CAN, L5N 2X7
Website
https://www.proshred.com
Redishred Capital Corp is a company that manages and operates the Proshred brand and business platform in the United States and internationally. It operates the Proshred system under two business models, via franchising in the United States, and via direct ownership of shredding trucks and facilities in eight locations in the United States. The operating segments of the company are (1) the granting and managing of shredding business franchises under the "Proshred" trademark (Franchising and licensing), (2) the operation of the corporately owned shredding business (Corporate locations) and (3) supporting the franchises and corporately owned shredding businesses (Corporate).
Executives
Robert Michael Crozier Director

Redishred Capital (TSXV:KUT) Headlines

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