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Teekay (HAM:TCD) 6-Month Price Index : 1.31 (As of May. 26, 2024)


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What is Teekay 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 (2024-05-26), Teekay's 6-Month Price Index is 1.31.

Competitive Comparison of Teekay's 6-Month Price Index

For the Oil & Gas Midstream subindustry, Teekay'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.

Teekay  (HAM:TCD) 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.

Teekay  (HAM:TCD) 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.

Teekay 6-Month Price Index Related Terms

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

Teekay (HAM:TCD) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Teekay Corp (HAM:TCD) » Definitions » 6-Month Price Index
Comparable Companies
NGL TNP PBT EE OSG SMLP NVGS DLNG BROG IMPP TSX:ENB EPD ET WMB OKE MPLX KMI TSX:TRP LNG TRGP
Traded in Other Exchanges
TK:USA TK:Mexico TCD:Germany
Address
69 Pitts Bay Road, 4th Floor, Belvedere Building, Hamilton, BMU, HM 08
Website
https://www.teekay.com
Teekay Corp is engaged in providing crude oil and gas marine transportation services. It also offers offshore oil production, storage, and offloading services, primarily under long-term, fixed-rate contracts. The company has three primary lines of business: offshore production (FPSO units), operational and maintenance marine services, and conventional tankers. It manages these businesses for the benefit of all stakeholders. The company serves energy and utility companies, oil traders, large oil and LNG consumers, petroleum product producers, government agencies, and various other entities that depend upon marine transportation.

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