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Transneft PJSC (MIC:TRNFP) 6-Month Price Index : 0.01 (As of May. 15, 2024)


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What is Transneft PJSC 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 (2024-05-15), Transneft PJSC's 6-Month Price Index is 0.01.

Competitive Comparison of Transneft PJSC's 6-Month Price Index

For the Oil & Gas Midstream subindustry, Transneft PJSC'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.

Transneft PJSC  (MIC:TRNFP) 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.

Transneft PJSC  (MIC:TRNFP) 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.

Transneft PJSC 6-Month Price Index Related Terms

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

Transneft PJSC (MIC:TRNFP) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Transneft PJSC (MIC:TRNFP) » Definitions » 6-Month Price Index
Comparable Companies
MIC:FLOT TSX:ENB EPD WMB ET LNG OKE MPLX KMI TSX:TRP CQP TRGP TSX:PPL PAA WES SHSE:601872 AM ENLC TSX:KEY DTM
Traded in Other Exchanges
N/A
Address
4 Building No. 2, Presnenskaya Embankment, Moscow, RUS, 123112
Website
https://www.transneft.ru
Transneft PJSC along with its subsidiaries is engaged in the business of transfer, coordination and management of transportation of petroleum and petroleum products through pipelines within Russia and abroad. The operating business segments are - Oil transportation, Petroleum products transportation, Trading operations for sale of oil and petroleum products, and Stevedoring additional ports services and fleet services. Geographically, the company operates in Russian Federation, China, and Other countries with maximum revenue from Russian Federation.

Transneft PJSC (MIC:TRNFP) Headlines

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