Sabine Royalty Trust (Sabine Royalty Trust) 6-Month Price Index : 1.08 (As of Apr. 28, 2024)

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What is Sabine Royalty Trust 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 (2024-04-28), Sabine Royalty Trust's 6-Month Price Index is 1.08.

Competitive Comparison of Sabine Royalty Trust's 6-Month Price Index

For the Oil & Gas E&P subindustry, Sabine Royalty Trust'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.

Sabine Royalty Trust (NYSE:SBR) 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.

Sabine Royalty Trust (NYSE:SBR) 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.

Sabine Royalty Trust 6-Month Price Index Related Terms

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Sabine Royalty Trust (Sabine Royalty Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Sabine Royalty Trust (NYSE:SBR) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

N/A

Address

2911 Turtle Creek Boulevard, Simmons Bank, Suite 850, Dallas, TX, USA, 75219

Website

https://www.sbr-sabine.com

Sabine Royalty Trust is an express trust which is formed to receive Sabine Corporation's royalty and mineral interests, including landowner's royalties, overriding royalty interests, minerals production payments and any other similar, non-participatory interest, in certain Royalty Properties. The trusts producing and proved undeveloped oil and gas royalty properties are located in Florida, Louisiana, Mississippi, New Mexico, Oklahoma and Texas.