GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » JK Paper Ltd (BOM:532162) » Definitions » 6-Month Price Index

JK Paper (BOM:532162) 6-Month Price Index : 1.31 (As of Jun. 23, 2024)


View and export this data going back to 2000. Start your Free Trial

What is JK Paper 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 (2024-06-23), JK Paper's 6-Month Price Index is 1.31.


Competitive Comparison of JK Paper's 6-Month Price Index

For the Paper & Paper Products subindustry, JK Paper'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.


JK Paper  (BOM:532162) 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.


JK Paper  (BOM:532162) 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.


JK Paper 6-Month Price Index Related Terms

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


JK Paper (BOM:532162) Business Description

Traded in Other Exchanges
Address
4 Bahadur Shah Zafar Marg, Nehru House, 3rd Floor, New Delhi, IND, 110 002
JK Paper Ltd is a paper manufacturing company. Its products are paper and paper board. The company offers various categories of paper products including official documentation such as photocopy and multi-purpose papers for use in desktops, photocopiers, and multifunctional devices; uncoated writing and printing paper; coated paper and board; and packaging board to service the varied needs of the packaging industry. It markets the products through the distribution network of distributors, depots, regional marketing offices, and other dealers. The product brands of the company include JK Cedar, JK Copier, JK Easy Copier, and Others. The majority of the company's revenue comes from India.

JK Paper (BOM:532162) Headlines

No Headlines