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White River Energy (White River Energy) 6-Month Price Index : 0.21 (As of Jun. 08, 2024)


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What is White River 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 (2024-06-08), White River Energy's 6-Month Price Index is 0.21.

Competitive Comparison of White River Energy's 6-Month Price Index

For the Oil & Gas E&P subindustry, White River 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.

White River Energy  (OTCPK:WTRV) 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.

White River Energy  (OTCPK:WTRV) 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.

White River Energy 6-Month Price Index Related Terms

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

White River Energy (White River Energy) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » White River Energy Corp (OTCPK:WTRV) » Definitions » 6-Month Price Index
Comparable Companies
VIVK OKMN OILY TPET NRIS LRDC GULTU PTCO AMEN ALTX COP HKSE:00883 EOG TSX:CNQ PXD OXY MIC:NVTK HES ASX:WDS DVN
Traded in Other Exchanges
N/A
Address
609 W. Dickson Street, Suite 102 G, Fayetteville, AR, USA, 72701
Website
https://www.white-river.com
White River Energy Corp is engaged in oil and gas exploration, production and drilling operations. The company operates over 30,000 cumulative acres of active oil and gas mineral leases in Louisiana and Mississippi.

White River Energy (White River Energy) Headlines

From GuruFocus

White River Energy Corp at Virtual Investor Conferences Transcript

By GuruFocus Research • 02-15-2024