GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Parkmead Group (The) PLC (LSE:PMG) » Definitions » 6-Month Price Index

Parkmead Group (The) (LSE:PMG) 6-Month Price Index : 0.81 (As of Jun. 21, 2024)


View and export this data going back to 2000. Start your Free Trial

What is Parkmead Group (The) 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), Parkmead Group (The)'s 6-Month Price Index is 0.81.


Competitive Comparison of Parkmead Group (The)'s 6-Month Price Index

For the Oil & Gas E&P subindustry, Parkmead Group (The)'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.


Parkmead Group (The)  (LSE:PMG) 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.


Parkmead Group (The)  (LSE:PMG) 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.


Parkmead Group (The) 6-Month Price Index Related Terms

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


Parkmead Group (The) (LSE:PMG) Business Description

Traded in Other Exchanges
Address
4 Queen’s Terrace, Aberdeen, GBR, AB10 1XL
Parkmead Group (The) PLC is a UK-based independent oil and gas, exploration and production company. It produces natural gas from a portfolio of fields across the Netherlands. The firm has three segments namely Oil and gas exploration and production which invests in oil and gas exploration and production assets; the Energy economics segment that provides energy sector economics, valuation and benchmarking, advising on energy policies and fiscal matters, among others and the Renewables segment involves mixed farming activities as well as renewable energy opportunities. It generates a majority of its revenue from the oil and gas exploration and production segment.

Parkmead Group (The) (LSE:PMG) Headlines

No Headlines