GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Fortis Inc (TSX:FTS.PR.E.PFD) » Definitions » 6-Month Price Index

Fortis (TSX:FTS.PR.E.PFD) 6-Month Price Index : N/A (As of Apr. 28, 2024)


View and export this data going back to 1969. Start your Free Trial

What is Fortis 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), Fortis's 6-Month Price Index is N/A.

Competitive Comparison of Fortis's 6-Month Price Index

For the Utilities - Regulated Electric subindustry, Fortis'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.

Fortis  (TSX:FTS.PR.E.PFD) 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.

Fortis  (TSX:FTS.PR.E.PFD) 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.

Fortis 6-Month Price Index Related Terms

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

Fortis (TSX:FTS.PR.E.PFD) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Fortis Inc (TSX:FTS.PR.E.PFD) » Definitions » 6-Month Price Index
Comparable Companies
TSX:H TSX:EMA TSX:CUP.U NEE SO DUK LSE:NG. AEP PCG D BOM:532555 EXC PEG ED BOM:532898 XEL EIX WEC SHSE:601985 DTE
Traded in Other Exchanges
FORFF.PFD:USA FTRSF.PFD:USA FTS:USA 12F:Germany FTS.PR.M.PFD:Canada FTS.PR.K.PFD:Canada FTS.PR.J.PFD:Canada FTS.PR.I.PFD:Canada FTS.PR.H.PFD:Canada FTS.PR.G.PFD:Canada FTS.PR.F.PFD:Canada FTS:Canada
Address
5 Springdale Street, Suite 1100, Fortis Place, St. John’s, NL, CAN, A1E 0E4
Website
https://www.fortisinc.com
Fortis owns and operates eight utility transmission and distribution subsidiaries in Canada and the United States, serving more than 3.4 million electricity and gas customers. The company has smaller stakes in electricity generation and several Caribbean utilities. Subsidiary ITC operates electric transmission in seven U.S. states, with more than 16,000 miles of high-voltage transmission lines in operation.

Fortis (TSX:FTS.PR.E.PFD) Headlines

No Headlines