GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Arkanova Energy Corp (OTCPK:AKVA) » Definitions » 6-Month Price Index

Arkanova Energy (Arkanova Energy) 6-Month Price Index : 1.00 (As of Apr. 28, 2024)


View and export this data going back to 2005. Start your Free Trial

What is Arkanova 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 (2024-04-28), Arkanova Energy's 6-Month Price Index is 1.00.

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

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

Arkanova Energy  (OTCPK:AKVA) 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.

Arkanova Energy  (OTCPK:AKVA) 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.

Arkanova Energy 6-Month Price Index Related Terms

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

Arkanova Energy (Arkanova Energy) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Arkanova Energy Corp (OTCPK:AKVA) » Definitions » 6-Month Price Index
Comparable Companies
EUENF TSXV:PTC XCNQ:EI TSXV:TPC ATLS TSXV:PPE.H TSXV:PMX TSXV:SFT TSXV:CEN TSXV:CTI.H TSXV:HEI JONEQ MMEX TSXV:WEB.H PTCO VNRRQ ALOD TSX:TEI TSXV:CHY.H EXNT
Traded in Other Exchanges
N/A
Address
305 Camp Craft Road, Suite 525, Austin, TX, USA, 78746
Website
http://www.arkanovaenergy.com
Arkanova Energy Corp is a junior producing oil and gas company. The company is engaged in the acquisition, exploration, and development of prospective oil and gas properties. The company holds mineral leases in leasehold interests located in Pondera and Glacier Counties, Montana. Its subsidiaries include Arkanova Acquisition Corporation, Prism Corporation and Provident Energy of Montana, LLC.

Arkanova Energy (Arkanova Energy) Headlines

No Headlines