GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Dhani Services Ltd (BOM:532960) » Definitions » 6-Month Price Index

Dhani Services (BOM:532960) 6-Month Price Index : 1.11 (As of May. 17, 2024)


View and export this data going back to 2008. Start your Free Trial

What is Dhani Services 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 (2024-05-17), Dhani Services's 6-Month Price Index is 1.11.


Competitive Comparison of Dhani Services's 6-Month Price Index

For the Credit Services subindustry, Dhani Services'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.


Dhani Services  (BOM:532960) 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.


Dhani Services  (BOM:532960) 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.


Dhani Services 6-Month Price Index Related Terms

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


Dhani Services (BOM:532960) Business Description

Traded in Other Exchanges
Address
4th Floor, S. B. Marg, One International Centre, Tower 1, Elphinstone (West), Mumbai, MH, IND, 400013
Dhani Services Ltd is a capital market company providing securities and derivative broking services. It is registered with SEBI as a Stock Broker, a Depository Participant, a Research Analyst, and a Merchant Banker in Category I. The company's products include Equity Trading, Derivative Trading, Commodity Trading, Currency Trading, and IPO. It is also engaged in Credit Line, Online Pharmacy, Payments services.

Dhani Services (BOM:532960) Headlines

No Headlines