GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Touchstone Exploration Inc (OTCPK:PBEGF) » Definitions » 6-Month Price Index

Touchstone Exploration (Touchstone Exploration) 6-Month Price Index : 0.78 (As of Apr. 28, 2024)


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

What is Touchstone Exploration 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 (2024-04-28), Touchstone Exploration's 6-Month Price Index is 0.78.


Competitive Comparison of Touchstone Exploration's 6-Month Price Index

For the Oil & Gas E&P subindustry, Touchstone Exploration'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.


Touchstone Exploration  (OTCPK:PBEGF) 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.


Touchstone Exploration  (OTCPK:PBEGF) 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.


Touchstone Exploration 6-Month Price Index Related Terms

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


Touchstone Exploration (Touchstone Exploration) Business Description

Traded in Other Exchanges
Address
350 - 7th Avenue SW, Suite 4100, Calgary, AB, CAN, T2P 3N9
Touchstone Exploration Inc is an international upstream oil and gas company currently active in the Republic of Trinidad and Tobago. It is primarily engaged in the exploration and the acquisition, development, and production of hydrocarbons in onshore reservoirs in Trinidad. The company holds interests in producing and exploration properties in southern Trinidad, which is approximately 90,000 gross acres of exploration and development rights. Its core focus is on developing production on its four onshore lease operatorship properties (Coora Block 1 & 2, WD-4 & WD-8) and its Fyzabad onshore property.

Touchstone Exploration (Touchstone Exploration) Headlines