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Prism Finance (BOM:531735) 6-Month Price Index : 0.95 (As of Jun. 05, 2024)


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What is Prism Finance 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 (2024-06-05), Prism Finance's 6-Month Price Index is 0.95.


Competitive Comparison of Prism Finance's 6-Month Price Index

For the Capital Markets subindustry, Prism Finance'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.


Prism Finance  (BOM:531735) 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.


Prism Finance  (BOM:531735) 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.


Prism Finance 6-Month Price Index Related Terms

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


Prism Finance (BOM:531735) Business Description

Traded in Other Exchanges
N/A
Address
Satellite Road, 301, Iscon Mall, Above Star India Bazar, Ahmedabad, GJ, IND, 380 015
Prism Finance Ltd is an Indian Non-Banking Financial Company that is engaged in the business of financial services. It provides loans, advances, leases, bill discounting, higher purchases, and another form of finance. The company also makes an investment in shares and securities, trading as well as dealing in shares and securities. The company conducts all of its operations within India.

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