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Advantage Energy (TSX:AAV) 6-Month Price Index : 1.11 (As of May. 26, 2024)


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What is Advantage Energy 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), Advantage Energy's 6-Month Price Index is 1.11.

Competitive Comparison of Advantage Energy's 6-Month Price Index

For the Oil & Gas E&P subindustry, Advantage Energy'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.

Advantage Energy  (TSX:AAV) 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.

Advantage Energy  (TSX:AAV) 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.

Advantage Energy 6-Month Price Index Related Terms

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Advantage Energy (TSX:AAV) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Advantage Energy Ltd (TSX:AAV) » Definitions » 6-Month Price Index
Comparable Companies
TSX:HWX TSX:BIR TSX:TVE TSX:FRU TSX:IPCO TSX:KEL TSX:CJ TSX:AOI TSX:PXT TSX:OBE COP HKSE:00883 TSX:CNQ EOG PXD OXY HES MIC:NVTK FANG ASX:WDS
Traded in Other Exchanges
AAVVF:USA 9SA0:Germany
Address
440 - 2nd Avenue SW, Suite 2200, Calgary, AB, CAN, T2P 5E9
Website
https://www.advantageog.com
Advantage Energy Ltd is a Canadian energy company primarily engaged in the extraction of natural gas and liquid resources. The company holds over 145,000 net acres of liquids-rich lands throughout Canada. Advantage Energy Ltd focuses on creating low-cost, low-emission Canadian energy for the world. The company sells crude and medium crude oil as well as conventional natural gas and liquid natural gas. Advantage Energy Ltd plans to grow by utilizing areas with high rate of return targets due to the presence of existing infrastructure capability.
Executives
John Larry Festival Director

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