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Rift Valley Resources (XCNQ:RVR) 6-Month Price Index : 1.00 (As of May. 24, 2024)


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What is Rift Valley Resources 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), Rift Valley Resources's 6-Month Price Index is 1.00.

Competitive Comparison of Rift Valley Resources's 6-Month Price Index

For the Telecom Services subindustry, Rift Valley Resources'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.

Rift Valley Resources  (XCNQ:RVR) 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.

Rift Valley Resources  (XCNQ:RVR) 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.

Rift Valley Resources 6-Month Price Index Related Terms

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

Rift Valley Resources (XCNQ:RVR) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Rift Valley Resources Corp (XCNQ:RVR) » Definitions » 6-Month Price Index
Comparable Companies
XCNQ:ADMT TSXV:ADYA TSXV:GOK XCNQ:TO TSXV:VMY.H TSXV:USS VZ CMCSA TMUS T HKSE:00941 TSE:9432 XTER:DTE CHTR TSE:9433 AMXA ADX:ETISALAT TSE:9984 SAU:7010 TSE:9434
Traded in Other Exchanges
N/A
Address
1681 Chestnut Street, Number 400, Vancouver, BC, CAN, V6J 4M6
Website
https://www.riftvalleyresources.ca
Rift Valley Resources Corp is engaged in the evaluation of a wireless service business and other business opportunities. It provides Fixed and Portable wireless broadband. The company also develops QwikCom portable wireless broadband and surveillance system for remote communications, disaster recovery and facility/border surveillance.
Executives
Griffin Jones Director

Rift Valley Resources (XCNQ:RVR) Headlines