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VXL Instruments (BOM:517399) 6-Month Price Index : 0.70 (As of Jun. 11, 2024)


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What is VXL Instruments 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 (2024-06-11), VXL Instruments's 6-Month Price Index is 0.70.


Competitive Comparison of VXL Instruments's 6-Month Price Index

For the Computer Hardware subindustry, VXL Instruments'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.


VXL Instruments  (BOM:517399) 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.


VXL Instruments  (BOM:517399) 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.


VXL Instruments 6-Month Price Index Related Terms

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


VXL Instruments (BOM:517399) Business Description

Traded in Other Exchanges
N/A
Address
Chakala Andheri Kurla Road, Unit No. 252, 5th Floor, Building No. 2, Solitaire Corporate Park, Andheri (East), Mumbai, MH, IND, 400093
VXL Instruments Ltd is an India-based company engaged in the production, distribution, and sales of Data processing units. The company operates into two business segments: the Data processing segment, which comprises of manufacturing and sales of data processing units and which also contributes to the major part of revenue; and the Service charges segment which comprises of revenue from maintenance charges. Its products include thin client hardware with a wide range of models available for Windows Embedded and Linux or without an operating system and also software for homeworking, unified endpoint management, PC repurposing, and digital signage. Majority of its revenue is generated from India.

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