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Calfrac Well Services (TSX:CFW) 6-Month Price Index : 0.95 (As of Jun. 08, 2024)


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What is Calfrac Well Services 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), Calfrac Well Services's 6-Month Price Index is 0.95.

Competitive Comparison of Calfrac Well Services's 6-Month Price Index

For the Oil & Gas Equipment & Services subindustry, Calfrac Well Services'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.

Calfrac Well Services  (TSX:CFW) 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.

Calfrac Well Services  (TSX:CFW) 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.

Calfrac Well Services 6-Month Price Index Related Terms

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

Calfrac Well Services (TSX:CFW) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Calfrac Well Services Ltd (TSX:CFW) » Definitions » 6-Month Price Index
Comparable Companies
TSX:TOT TSX:STEP TSX:SHLE TSX:PSD TSX:E TSX:HWO TSX:MCB TSX:NOA TSX:SFD TSX:BRY SLB BKR HAL MIL:TEN FTI SHSE:601808 WFRD NOV CHX SHSE:600968
Traded in Other Exchanges
CFWFF:USA
Address
407 - 8th Avenue SW, Suite 500, Calgary, AB, CAN, T2P 1E5
Website
https://www.calfrac.com
Calfrac Well Services Ltd provides specialized oilfield services, including hydraulic fracturing, coiled tubing, cementing, and other good completion services to the oil and natural gas industries in Canada, the United States, Russia, and Argentina. It generates maximum revenue from the United States.
Executives
Sime Armoyan 10% Security Holder

Calfrac Well Services (TSX:CFW) Headlines

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