Reliance Capital (BOM:500111) 6-Month Price Index : 0.97 (As of Jun. 09, 2024)

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What is Reliance Capital 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 (2024-06-09), Reliance Capital's 6-Month Price Index is 0.97.

Competitive Comparison of Reliance Capital's 6-Month Price Index

For the Financial Conglomerates subindustry, Reliance Capital'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.

Reliance Capital (BOM:500111) 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.

Reliance Capital (BOM:500111) 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.

Reliance Capital 6-Month Price Index Related Terms

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

Reliance Capital (BOM:500111) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Reliance Capital Ltd (BOM:500111) » Definitions » 6-Month Price Index

Traded in Other Exchanges

RELCAPITAL:India

Address

Trade World, S. B. Marg, 7th Floor, B Wing, Kamala Mills Compound, Lower Parel, Mumbai, MH, IND, 400 013

Website

https://www.reliancecapital.co.in

Reliance Capital Ltd is a member of the Reliance Group and services the financial sector. The company provides services in asset management and mutual funds, life and general insurance, commercial finance, equities and commodities broking, wealth management, and many other related services. General insurance is the company's leading revenue generator and includes auto, home, property, travel, marine, commercial, and other specialty products for individuals and companies. Its commercial finance unit is operated through a subsidiary, Reliance Commercial Finance, and participates in a range of lending activities. As one of India's leading lenders, it offers home loans, loans against property, small and medium enterprise loans, vehicle loans, and loans for construction.

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