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ALX Resources (ALX Resources) 6-Month Price Index : 0.83 (As of Apr. 26, 2024)


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What is ALX Resources 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 (2024-04-26), ALX Resources's 6-Month Price Index is 0.83.

Competitive Comparison of ALX Resources's 6-Month Price Index

For the Uranium subindustry, ALX Resources'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.

ALX Resources  (OTCPK:ALXEF) 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.

ALX Resources  (OTCPK:ALXEF) 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.

ALX Resources 6-Month Price Index Related Terms

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

ALX Resources (ALX Resources) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » ALX Resources Corp (OTCPK:ALXEF) » Definitions » 6-Month Price Index
Comparable Companies
TSXV:TMC TSXV:NSU TSXV:AAZ TSXV:VO XCNQ:GREN TSXV:STND XCNQ:OBRN TSXV:UNO.H TSXV:BSK TSXV:SUU TSX:CCO XKAZ:KZAP TSX:U.UN TSX:NXE UEC ASX:PDN LSE:YCA HKSE:01164 TSX:DML TSX:EFR
Traded in Other Exchanges
6LLN:Germany AL:Canada
Address
1199 West Pender Street, Suite 408, Vancouver, BC, CAN, V6E 2R1
Website
https://www.alxresources.com
ALX Resources Corp is principally engaged in the acquisition, exploration, and development of mineral properties. Its project consists of Uranium, Energy and Gold properties. Some of the projects are Newnham Lake, Lazy Edward Bay, Kelic Lake and Black Lake, Vixen Gold Project, Firebird Nickel Project, Tango Project, Gibbons Creek and others.