GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tallgrass Energy Corp (FRA:TGV) » Definitions » 6-Month Price Index

Tallgrass Energy (FRA:TGV) 6-Month Price Index : N/A (As of Jun. 21, 2024)


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

What is Tallgrass 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 (2024-06-21), Tallgrass Energy's 6-Month Price Index is N/A.


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

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


Tallgrass Energy  (FRA:TGV) 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.


Tallgrass Energy  (FRA:TGV) 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.


Tallgrass Energy 6-Month Price Index Related Terms

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


Tallgrass Energy (FRA:TGV) Business Description

Traded in Other Exchanges
N/A
Address
Tallgrass Energy Corp was incorporated pursuant to the provisions of the Alberta Business Corporations Act on March 10, 2010. On December 31, 2012, the Company amalgamated with Anglo Canadian Oil Corp. The Company is engaged in the exploration, development and production of petroleum and natural gas in the Western Canadian Basin. The Company receives its revenue from the sale of oil, natural gas and natural gas liquids. Other revenue is derived from emulsion processing, treating, saltwater disposal fees charged to third parties as well as well operating fees and road use fees.

Tallgrass Energy (FRA:TGV) Headlines

No Headlines