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Rubellite Energy (TSX:RBY) 6-Month Price Index : 1.04 (As of Jun. 05, 2024)


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What is Rubellite 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 (2024-06-05), Rubellite Energy's 6-Month Price Index is 1.04.


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

For the Oil & Gas E&P subindustry, Rubellite 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.


Rubellite Energy  (TSX:RBY) 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.


Rubellite Energy  (TSX:RBY) 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.


Rubellite Energy 6-Month Price Index Related Terms

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


Rubellite Energy (TSX:RBY) Business Description

Traded in Other Exchanges
Address
605 5 Avenue SW, Suite 3200, Calgary, AB, CAN, T2P 3H5
Rubellite Energy Inc is a Canadian energy company. It is focused on Clearwater oil exploration and development utilizing multi-lateral horizontal drilling technology. The Clearwater is a high rate of return play with compelling economics at current forward market prices for Western Canadian Select crude oil.
Executives
Ryan Goosen Senior Officer
Jeff Green Senior Officer
Tamara Macdonald Director
Susan Riddell Rose 10% Security Holder, Director, Senior Officer
Ryan Shay Director, Senior Officer
Bruce Shultz Director

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