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Inpex (IPXHF) 6-Month Price Index : 1.11 (As of May. 24, 2024)


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What is Inpex 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 (2024-05-24), Inpex's 6-Month Price Index is 1.11.


Competitive Comparison of Inpex's 6-Month Price Index

For the Oil & Gas E&P subindustry, Inpex'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.


Inpex  (OTCPK:IPXHF) 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.


Inpex  (OTCPK:IPXHF) 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.


Inpex 6-Month Price Index Related Terms

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


Inpex (IPXHF) Business Description

Traded in Other Exchanges
Address
Akasaka Biz Tower, 5-3-1 Akasaka, Minato-ku, Tokyo, JPN, 107-6332
Inpex Corp engages in research, exploration, development, production, and sale of oil, natural gas, and other mineral resources. The company is engaged in a multitude of projects spanning the globe. Exploration services are carried through terrestrial geological surveys and geophysical surveys conducted through satellite images and seismic waves. Exploration wells are used to confirm the presence of hydrocarbon products; appraisal follows shortly after. In addition to utilizing production wells, Inpex has gas processing facilities and a transport pipeline for production and shipping. The company also conducts refining/treatment to create products from the oil and natural gas. Marketing and sales are an additional function of the activities performed at Inpex.

Inpex (IPXHF) Headlines

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