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Topaz Energy (TSX:TPZ) 6-Month Price Index : 1.10 (As of May. 26, 2024)


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What is Topaz Energy 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 (2024-05-26), Topaz Energy's 6-Month Price Index is 1.10.

Competitive Comparison of Topaz Energy's 6-Month Price Index

For the Oil & Gas Midstream subindustry, Topaz Energy'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.

Topaz Energy  (TSX:TPZ) 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.

Topaz Energy  (TSX:TPZ) 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.

Topaz Energy 6-Month Price Index Related Terms

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

Topaz Energy (TSX:TPZ) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Topaz Energy Corp (TSX:TPZ) » Definitions » 6-Month Price Index
Comparable Companies
TSX:GEI TSX:TWM TSXV:SRR TSX:ALA TSX:KEY TSX:ENB EPD WMB ET LNG OKE KMI MPLX TSX:TRP CQP TRGP TSX:PPL MIC:TRNFP PAA WES
Traded in Other Exchanges
TPZEF:USA 5XU:Germany
Address
250 - 6th Avenue SW, Suite 3100, Calgary, AB, CAN, T2P 3H7
Website
https://www.topazenergy.ca
Topaz Energy Corp is a royalty and energy infrastructure company focused on generating low-risk income and paying dividends to its shareholders. It generates revenue from the Royalty Assets, which generate the company's Royalty Production Revenue; and the Infrastructure Assets, which generate the company's Processing Revenue and Other Income. The majority of the company's revenue is earned through royalties.
Executives
Stephen Phillip Larke Director