OPG Power Ventures (LSE:OPG) 6-Month Price Index : 0.81 (As of Jun. 11, 2024)

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What is OPG Power Ventures 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 (2024-06-11), OPG Power Ventures's 6-Month Price Index is 0.81.

Competitive Comparison of OPG Power Ventures's 6-Month Price Index

For the Utilities - Independent Power Producers subindustry, OPG Power Ventures'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.

OPG Power Ventures (LSE:OPG) 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.

OPG Power Ventures (LSE:OPG) 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.

OPG Power Ventures 6-Month Price Index Related Terms

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

OPG Power Ventures (LSE:OPG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » OPG Power Ventures PLC (LSE:OPG) » Definitions » 6-Month Price Index

Traded in Other Exchanges

OPG.GB:UK OPB:Germany

Address

55 Athol Street, Douglas, IMN, IM1 1LA

Website

https://www.opgpower.com

OPG Power Ventures PLC is engaged in the development, owning, operation and maintenance of private sector power projects in India. The electricity generated from the group's plants is sold principally to public sector undertakings and heavy industrial companies in India or in the short term market. The business objective of the group is to focus on the power generation business within India and thereby provide reliable, cost effective power to the industrial consumers and other users under the open access provisions mandated by the Government of India.

OPG Power Ventures (LSE:OPG) Headlines

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