Sapan Chemicals (BOM:531781) 6-Month Price Index : 1.00 (As of Jun. 20, 2024)

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What is Sapan Chemicals 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 (2024-06-20), Sapan Chemicals's 6-Month Price Index is 1.00.

Competitive Comparison of Sapan Chemicals's 6-Month Price Index

For the Capital Markets subindustry, Sapan Chemicals'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.

Sapan Chemicals (BOM:531781) 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.

Sapan Chemicals (BOM:531781) 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.

Sapan Chemicals 6-Month Price Index Related Terms

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Sapan Chemicals (BOM:531781) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Sapan Chemicals Ltd (BOM:531781) » Definitions » 6-Month Price Index

Traded in Other Exchanges

N/A

Address

Gotri Road, Near Rupal Park, B-1, Sadguru Complex, Vadodara, GJ, IND, 390021

Website

http://www.sapanchem.com

Sapan Chemicals Ltd is an India-based company engaged in the provisions of financial services. The company is involved in the business of trading in shares, broking, investments in shares and many more. It operates in single segment i.e. Share broking and Investment in shares.

Sapan Chemicals (BOM:531781) Headlines

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