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Hydro One (TSX:H) 6-Month Price Index : 1.04 (As of May. 05, 2024)


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What is Hydro One 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), Hydro One's 6-Month Price Index is 1.04.

Competitive Comparison of Hydro One's 6-Month Price Index

For the Utilities - Regulated Electric subindustry, Hydro One'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.

Hydro One  (TSX:H) 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.

Hydro One  (TSX:H) 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.

Hydro One 6-Month Price Index Related Terms

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

Hydro One (TSX:H) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Hydro One Ltd (TSX:H) » Definitions » 6-Month Price Index
Comparable Companies
TSX:FTS TSX:EMA TSX:CUP.U NEE SO DUK LSE:NG. PCG AEP EXC D XEL ED PEG BOM:532555 WEC EIX BOM:532898 FE XMAD:ELE
Traded in Other Exchanges
HRNNF:USA 8H1:Germany
Address
483 Bay Street, South Tower, 8th Floor, Toronto, ON, CAN, M5G 2P5
Website
https://www.hydroone.com
Hydro One operates regulated transmission and distribution assets in Ontario. The area's largest electricity provider serves nearly 1.5 million customers. Transmission accounts for roughly 60% of the company's rate base, with distribution accounting for the remainder. Hydro One operates a small telecom business with annual revenue contributing less than 1% to consolidated results. The province of Ontario holds an approximate 47% common equity stake.