Hydrocarbon Dynamics (ASX:HCD) 6-Month Price Index : 0.50 (As of May. 28, 2024)

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What is Hydrocarbon Dynamics 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 (2024-05-28), Hydrocarbon Dynamics's 6-Month Price Index is 0.50.

Competitive Comparison of Hydrocarbon Dynamics's 6-Month Price Index

For the Specialty Chemicals subindustry, Hydrocarbon Dynamics'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.

Hydrocarbon Dynamics (ASX:HCD) 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.

Hydrocarbon Dynamics (ASX:HCD) 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.

Hydrocarbon Dynamics 6-Month Price Index Related Terms

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Hydrocarbon Dynamics (ASX:HCD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Hydrocarbon Dynamics Ltd (ASX:HCD) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

N/A

Address

412 Collins Street, Level 6, Melbourne, VIC, AUS, 3000

Website

https://www.hydrocarbondynamics.com

Hydrocarbon Dynamics Ltd is a provider of Oil and Gas production chemicals. It is engaged in the sales and marketing of its proprietary products as well as the evaluation of oil projects in North America and internationally. It has two operating segment Exploration division, Chemical division. The exploration division comprises the exploration, development, and production of oil and gas projects in the United states, and the Chemical division comprises clean oil technology and business (HCD) around the world.

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