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Neptune Digital Assets (TSXV:NDA) 6-Month Price Index : 0.82 (As of Jun. 08, 2024)


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What is Neptune Digital Assets 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), Neptune Digital Assets's 6-Month Price Index is 0.82.


Competitive Comparison of Neptune Digital Assets's 6-Month Price Index

For the Capital Markets subindustry, Neptune Digital Assets'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.


Neptune Digital Assets  (TSXV:NDA) 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.


Neptune Digital Assets  (TSXV:NDA) 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.


Neptune Digital Assets 6-Month Price Index Related Terms

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


Neptune Digital Assets (TSXV:NDA) Business Description

Traded in Other Exchanges
Address
1133 Melville Street, The Stack, Suite 2700, Vancouver, BC, CAN, V6E 4E5
Neptune Digital Assets Corp is engaged in the business that building, owning, and operating digital currency infrastructure assets. Its core assets are Bitcoin mining equipment and Digital currencies and its primary business model is to generate Bitcoin. Its ancillary activities include staking and lending various digital currencies to earn interest and staking rewards. It operates in Canada and the United States.
Executives
Neptune Digital Assets Corp. Issuer

Neptune Digital Assets (TSXV:NDA) Headlines

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