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Via Renewables (FRA:SLE) 6-Month Price Index : 1.19 (As of May. 26, 2024)


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What is Via Renewables 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), Via Renewables's 6-Month Price Index is 1.19.

Competitive Comparison of Via Renewables's 6-Month Price Index

For the Utilities - Regulated Electric subindustry, Via Renewables'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.

Via Renewables  (FRA:SLE) 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.

Via Renewables  (FRA:SLE) 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.

Via Renewables 6-Month Price Index Related Terms

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

Via Renewables (FRA:SLE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Via Renewables Inc (FRA:SLE) » Definitions » 6-Month Price Index
Comparable Companies
SUME NEE SO DUK LSE:NG. PCG AEP EXC D XEL ED PEG BOM:532555 WEC EIX BOM:532898 FE XMAD:ELE ETR DTE
Traded in Other Exchanges
VIASP.PFD:USA VIA:USA
Address
12140 Wickchester Lane, Suite 100, Houston, TX, USA, 77079
Website
https://www.viarenewables.com
Via Renewables Inc is an independent retail energy services company. It provides residential and commercial customers in competitive markets across the United States with an alternative choice for natural gas and electricity. Via Renewables offers its customers a variety of product and service choices, including stable and predictable energy costs and green product alternatives. Its segments are Retail Electricity and Retail Natural Gas. The key revenue is derived from the Retail Electricity segment in which the company purchase electricity supply through physical and financial transactions with market counterparties and ISOs and supplies electricity to residential and commercial consumers pursuant to fixed-price and variable-price contracts.