Synex Renewable Energy (TSX:SXI) 6-Month Price Index : 1.29 (As of May. 01, 2024)

View and export this data going back to 1987. Start your Free Trial

What is Synex Renewable Energy 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 (2024-05-01), Synex Renewable Energy's 6-Month Price Index is 1.29.

Competitive Comparison of Synex Renewable Energy's 6-Month Price Index

For the Utilities - Renewable subindustry, Synex Renewable Energy'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.

Synex Renewable Energy (TSX:SXI) 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.

Synex Renewable Energy (TSX:SXI) 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.

Synex Renewable Energy 6-Month Price Index Related Terms

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

Synex Renewable Energy (TSX:SXI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Synex Renewable Energy Corp (TSX:SXI) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

V5X:Germany

Address

4248 Broughton Avenue, Niagara Falls, ON, CAN, L2E 0A4

Website

https://www.synex.com

Synex Renewable Energy Corp is engaged in the development, ownership, and operation of electric power facilities and the provision of consulting engineering and environmental services in water resources, particularly hydroelectric facilities. Its projects include Barr Creek Hydro Plant, Mears Creek Hydro Project, Cypress Creek Hydro Project, and Sea Breeze products among others.