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GCM Commodity & Derivatives (BOM:535917) 6-Month Price Index : 0.92 (As of Sep. 21, 2024)


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What is GCM Commodity & Derivatives 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 (2024-09-21), GCM Commodity & Derivatives's 6-Month Price Index is 0.92.


Competitive Comparison of GCM Commodity & Derivatives's 6-Month Price Index

For the Capital Markets subindustry, GCM Commodity & Derivatives'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.


GCM Commodity & Derivatives  (BOM:535917) 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.


GCM Commodity & Derivatives  (BOM:535917) 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.


GCM Commodity & Derivatives 6-Month Price Index Related Terms

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


GCM Commodity & Derivatives Business Description

Traded in Other Exchanges
N/A
Address
214 Free Press Journal Marg, 805, Raheja Centre, Nariman Point, Mumbai, MH, IND, 400021
GCM Commodity & Derivatives Ltd is an Indian company engaged in the business of trading and investments in equity shares and securities. The company carries out its trading and investment activities in both the FNO and Equity segments of the National Stock Exchange and Bombay Stock Exchange. It is engaged in the business of investing in National spot exchange limited (NSEL) investment products for arbitrage opportunities and commodity broking. The company also provides commodity broking facilities through its membership in NSEL. The Company is also in the money lending business.

GCM Commodity & Derivatives Headlines

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