Cooper Energy (ASX:COE) 6-Month Price Index : 2.00 (As of May. 21, 2024)

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What is Cooper 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 (2024-05-21), Cooper Energy's 6-Month Price Index is 2.00.

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

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

Cooper Energy (ASX:COE) 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.

Cooper Energy (ASX:COE) 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.

Cooper Energy 6-Month Price Index Related Terms

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Cooper Energy (ASX:COE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Cooper Energy Ltd (ASX:COE) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

COPJF:USA CDP:Germany

Address

70 Franklin Street, Level 8, Adelaide, SA, AUS, 5000

Website

https://www.cooperenergy.com.au

Cooper Energy Ltd is an upstream gas and oil exploration and production company whose primary purpose is to secure, find, develop, produce and sell hydrocarbons. It is engaged in the discovery, commercialisation, and sale of gas to southeast Australia and low-cost Cooper Basin oil production. Its segments are Cooper Basin; South-East Australia and Other. The company derives a majority of its revenue from South East Australia. The company projects include Sole Gas and Manta Project in Southeast Australia.