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Pure Acquisition (Pure Acquisition) 6-Month Price Index : N/A (As of May. 05, 2024)


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What is Pure Acquisition 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 (2024-05-05), Pure Acquisition's 6-Month Price Index is N/A.

Competitive Comparison of Pure Acquisition's 6-Month Price Index

For the Shell Companies subindustry, Pure Acquisition'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.

Pure Acquisition  (NAS:PACQ) 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.

Pure Acquisition  (NAS:PACQ) 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.

Pure Acquisition 6-Month Price Index Related Terms

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

Pure Acquisition (Pure Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Pure Acquisition Corp (NAS:PACQ) » Definitions » 6-Month Price Index
Comparable Companies
HYAC FTAC GMHI APXT GHIV THBR JIH LCA HCAC SBE CCXX CCX FPAC VTIQ SPAQ FEAC CCH CPAA LSE:EVRA SFTW
Traded in Other Exchanges
N/A
Address
421 West 3rd Street, Suite 1000, Fort Worth, TX, USA, 76102
Website
Pure Acquisition Corp is a blank check company. The firm intends to focus its search for a target business in the energy industry, including the upstream oil and gas industry in North America.