GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Western Resources Corp (OTCPK:WTRNF) » Definitions » 6-Month Price Index

Western Resources (Western Resources) 6-Month Price Index : 0.84 (As of Apr. 25, 2024)


View and export this data going back to 2014. Start your Free Trial

What is Western 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 (2024-04-25), Western Resources's 6-Month Price Index is 0.84.


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

For the Other Industrial Metals & Mining subindustry, Western 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.


Western Resources  (OTCPK:WTRNF) 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.


Western Resources  (OTCPK:WTRNF) 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.


Western Resources 6-Month Price Index Related Terms

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


Western Resources (Western Resources) Business Description

Traded in Other Exchanges
Address
666 Burrard Street, Suite 2500, Vancouver, BC, CAN, V6C 2X8
Western Resources Corp is a resource company focused on the development of its potash project in Canada owned by its wholly owned subsidiary, Western Potash Corp, located in Southern Saskatchewan. Its objectives are to complete Phase I of the Milestone Project to prove a new mining technology, which will then be applied to Phases 2 and 3 to develop potash deposits in an environmentally friendly model. The company's two reportable operating segments are the acquisition, exploration, and development of mineral properties and the investment in real estate projects in Canada.