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Media Matrix Worldwide (BOM:512267) 6-Month Price Index : 0.97 (As of Jun. 18, 2024)


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What is Media Matrix Worldwide 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 (2024-06-18), Media Matrix Worldwide's 6-Month Price Index is 0.97.


Competitive Comparison of Media Matrix Worldwide's 6-Month Price Index

For the Entertainment subindustry, Media Matrix Worldwide'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.


Media Matrix Worldwide  (BOM:512267) 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.


Media Matrix Worldwide  (BOM:512267) 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.


Media Matrix Worldwide 6-Month Price Index Related Terms

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


Media Matrix Worldwide (BOM:512267) Business Description

Traded in Other Exchanges
N/A
Address
Institutional Area, Plot No. 38, 4th Floor, Sector - 32, Gurugram, HR, IND, 122001
Media Matrix Worldwide Ltd is engaged in the business of digital media and handset trading. It focuses on digital media content and dealing with related activities in the media and entertainment industry. The company through its subsidiaries is involved in mobile video streaming services and trading of telecom mobile handsets business in India. Digital media and handset trading segment generate the majority of the revenue for the company.

Media Matrix Worldwide (BOM:512267) Headlines

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