GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Sify Technologies Ltd (NAS:SIFY) » Definitions » 6-1 Month Momentum %

SIFY (Sify Technologies) 6-1 Month Momentum % : 106.72% (As of Mar. 29, 2025)


View and export this data going back to 1999. Start your Free Trial

What is Sify Technologies 6-1 Month Momentum %?

6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2025-03-29), Sify Technologies's 6-1 Month Momentum % is 106.72%.

The industry rank for Sify Technologies's 6-1 Month Momentum % or its related term are showing as below:

SIFY's 6-1 Month Momentum % is ranked better than
96.43% of 392 companies
in the Telecommunication Services industry
Industry Median: 1.25 vs SIFY: 106.72

Competitive Comparison of Sify Technologies's 6-1 Month Momentum %

For the Telecom Services subindustry, Sify Technologies's 6-1 Month Momentum %, along with its competitors' market caps and 6-1 Month Momentum % 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.


Sify Technologies's 6-1 Month Momentum % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Sify Technologies's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Sify Technologies's 6-1 Month Momentum % falls into.


;
;

Sify Technologies  (NAS:SIFY) 6-1 Month Momentum % Calculation

6-1 Month Momentum % is calculated as following:

6-1 Month Momentum %=( Price 1-month ago / Price 6-month ago - 1 ) * 100 %

* 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.


Sify Technologies  (NAS:SIFY) 6-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 6-1 Month Momentum % measures the total return to a stock over the past six months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.


Sify Technologies 6-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of Sify Technologies's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.


Sify Technologies Business Description

Traded in Other Exchanges
Address
4, Rajiv Gandhi Salai, Tidel Park, 2nd Floor, Taramani, Chennai, TN, IND, 600113
Sify Technologies Ltd is a provider of corporate network services in India. It offers converged Information and Communication Technology (ICT) solutions comprising Network- Connectivity services, Data Center services and Digital Services which include Cloud and Managed services, Applications Integration services and Technology Integration services. The company operates in three segments; Network Connectivity services which consists of domestic data, international data, wholesale voice. Data Center Services which consists of co-location services, cross connects and other allied managed services. Digital Services which consists of Cloud and Managed Services, Network Managed Services, Applications Integration Services, Technology Integration Services. Key revenue is from Network.