GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Sugal & Damani Share Brokers Ltd (BOM:511654) » Definitions » 6-Month Price Index

Sugal & Damani Share Brokers (BOM:511654) 6-Month Price Index : 1.05 (As of Jun. 08, 2024)


View and export this data going back to 2001. Start your Free Trial

What is Sugal & Damani Share Brokers 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), Sugal & Damani Share Brokers's 6-Month Price Index is 1.05.


Competitive Comparison of Sugal & Damani Share Brokers's 6-Month Price Index

For the Capital Markets subindustry, Sugal & Damani Share Brokers'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.


Sugal & Damani Share Brokers  (BOM:511654) 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.


Sugal & Damani Share Brokers  (BOM:511654) 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.


Sugal & Damani Share Brokers 6-Month Price Index Related Terms

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


Sugal & Damani Share Brokers (BOM:511654) Business Description

Traded in Other Exchanges
N/A
Address
No.7, Anna Salai, City Centre Plaza, 1st floor, Chennai, TN, IND, 600002
Sugal & Damani Share Brokers Ltd provides share broking services in India. It engages in the brokerage and distribution of equities, commodities; and provision of Internet trading, depository, FPOs underwriting and broking, and other financial and advisory services. The Company operates only in one segment of business which is Share Broking. The company also provides brokerage and distribution of equities, commodity trading, equity and derivatives trading, depository services and online trading services.

Sugal & Damani Share Brokers (BOM:511654) Headlines

No Headlines