GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » The Shipping Corp of India Ltd (NSE:SCI) » Definitions » 6-Month Price Index

The Shipping of India (NSE:SCI) 6-Month Price Index : 1.55 (As of Jun. 08, 2024)


View and export this data going back to 1997. Start your Free Trial

What is The Shipping of India 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), The Shipping of India's 6-Month Price Index is 1.55.

Competitive Comparison of The Shipping of India's 6-Month Price Index

For the Marine Shipping subindustry, The Shipping of India'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.

The Shipping of India  (NSE:SCI) 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.

The Shipping of India  (NSE:SCI) 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.

The Shipping of India 6-Month Price Index Related Terms

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

The Shipping of India (NSE:SCI) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » The Shipping Corp of India Ltd (NSE:SCI) » Definitions » 6-Month Price Index
Comparable Companies
BOM:533248 BOM:526807 BOM:543273 NSE:GESHIP NSE:MARINE BOM:520151 BOM:533704 NSE:ACSAL BOM:501848 BOM:501833 BSP:PSVM11 XTER:HLAG OCSE:MAERSK B HKSE:01919 BOM:532921 SHSE:600018 TSE:9101 TSE:9104 SHSE:601018 HKSE:00316
Traded in Other Exchanges
523598:India
Address
245, Madame Cama Road, Shipping House, Nariman Point, Mumbai, MH, IND, 400021
Website
http://www.shipindia.com
The Shipping Corp of India Ltd is engaged in the sea and coastal freight water transport business. The company's segments include Liner, Bulk, Tanker, Technical and Offshore service, and others. Its Liner segment includes break-bulk, container transport, passenger and research vessels. The Bulk segment consists of dry bulk carriers. The tankers segment that derives the majority revenue comprises of crude and product carriers, gas carriers, and phosphoric acid carriers. The company's Technical and Offshore services segment covers owned offshore vessels and the others segment incorporates income earned from the maritime training institute. Its business operations are confined only to India.