GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » India Home Loan Ltd (BOM:530979) » Definitions » 6-Month Price Index

India Home Loan (BOM:530979) 6-Month Price Index : 1.19 (As of May. 21, 2024)


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

What is India Home Loan 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 (2024-05-21), India Home Loan's 6-Month Price Index is 1.19.


Competitive Comparison of India Home Loan's 6-Month Price Index

For the Mortgage Finance subindustry, India Home Loan'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.


India Home Loan  (BOM:530979) 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.


India Home Loan  (BOM:530979) 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.


India Home Loan 6-Month Price Index Related Terms

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


India Home Loan (BOM:530979) Business Description

Traded in Other Exchanges
N/A
Address
Jatashankar Dossa Road, 504/504A, 5th Floor, Nirmal Ecstasy, Mulund (West), Mumbai, MH, IND, 400080
India Home Loan Ltd is a housing finance company in India. It offers home loan products for the housing segment. The company provides home loans to individuals and families for the purchase, construction, and extension of residential houses. In addition, it also provides loans for the repair and renovation of houses and offers mortgage loans against residential properties. The main source of revenue for the company is the interest received on loans.

India Home Loan (BOM:530979) Headlines

No Headlines