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Vanoil Energy (Vanoil Energy) 6-Month Price Index : 1.00 (As of Jun. 10, 2024)


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What is Vanoil 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 (2024-06-10), Vanoil Energy's 6-Month Price Index is 1.00.


Competitive Comparison of Vanoil Energy's 6-Month Price Index

For the Oil & Gas E&P subindustry, Vanoil 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.


Vanoil Energy  (OTCPK:VNLEF) 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.


Vanoil Energy  (OTCPK:VNLEF) 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.


Vanoil Energy 6-Month Price Index Related Terms

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Vanoil Energy (Vanoil Energy) Business Description

Traded in Other Exchanges
N/A
Address
3595 Glenview Cres., North Vancouver, BC, CAN, V7R 3E9
Vanoil Energy Ltd is a Canada based company engaged in the acquisition, exploration, and development of crude oil and natural gas properties in Kenya and Seychelles. It holds interests in two onshore blocks, 3A and 3B, in Eastern Kenya. It also holds interests in Areas A and B located in Seychelles.

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