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Athabasca Oil (TSX:ATH) 6-Month Price Index : 1.22 (As of Apr. 27, 2024)


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What is Athabasca Oil 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 (2024-04-27), Athabasca Oil's 6-Month Price Index is 1.22.

Competitive Comparison of Athabasca Oil's 6-Month Price Index

For the Oil & Gas E&P subindustry, Athabasca Oil'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.

Athabasca Oil  (TSX:ATH) 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.

Athabasca Oil  (TSX:ATH) 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.

Athabasca Oil 6-Month Price Index Related Terms

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

Athabasca Oil (TSX:ATH) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Athabasca Oil Corp (TSX:ATH) » Definitions » 6-Month Price Index
Comparable Companies
TSX:TVE TSX:FRU TSX:PXT TSX:BIR TSX:PEY TSX:NVA TSX:IPCO TSX:HWX TSX:AAV TSX:VET COP HKSE:00883 EOG TSX:CNQ PXD OXY MIC:NVTK HES ASX:WDS DVN
Traded in Other Exchanges
ATHOF:USA ATI:Germany
Address
215 - 9th Avenue SW, Suite 1200, Calgary, AB, CAN, T2P 1K3
Website
https://www.atha.com
Athabasca Oil Corp is an energy company. It is focused on the exploration, development, and production of light oil and liquids-rich natural gas. The company organizes its business under two operational segments, Light Oil and Thermal Oil. It generates maximum revenue from the Thermal Oil segment. Thermal Oil includes the exploration, development, and production of bitumen from sand and carbonate rock formations located in the Athabasca region of Northern Alberta.