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InterGlobe Aviation (NSE:INDIGO) 6-Month Price Index : 1.53 (As of May. 31, 2024)


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What is InterGlobe Aviation 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 (2024-05-31), InterGlobe Aviation's 6-Month Price Index is 1.53.


Competitive Comparison of InterGlobe Aviation's 6-Month Price Index

For the Airlines subindustry, InterGlobe Aviation'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.


InterGlobe Aviation  (NSE:INDIGO) 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.


InterGlobe Aviation  (NSE:INDIGO) 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.


InterGlobe Aviation 6-Month Price Index Related Terms

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


InterGlobe Aviation (NSE:INDIGO) Business Description

Traded in Other Exchanges
Address
Mehrauli-Gurgaon Road, Level 1-5, Tower - C, Global Business Park, Gurgaon, HR, IND, 122 002
InterGlobe Aviation Ltd is an airline service provider based in India. The company serves as a low-cost carrier through its Indigo brand. The company caters to its customers through an official website and the IndigoGo App, enabling them to book airline tickets and travel packages. The segments of the company are Air transportation services and Other income. The company earns its revenue predominantly through passenger ticket sales of the domestic airline operation.

InterGlobe Aviation (NSE:INDIGO) Headlines

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