GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Abhishek Finlease Ltd (BOM:538935) » Definitions » 6-Month Price Index

Abhishek Finlease (BOM:538935) 6-Month Price Index : 1.81 (As of Jun. 14, 2024)


View and export this data going back to 2015. Start your Free Trial

What is Abhishek Finlease 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 (2024-06-14), Abhishek Finlease's 6-Month Price Index is 1.81.


Competitive Comparison of Abhishek Finlease's 6-Month Price Index

For the Asset Management subindustry, Abhishek Finlease'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.


Abhishek Finlease  (BOM:538935) 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.


Abhishek Finlease  (BOM:538935) 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.


Abhishek Finlease 6-Month Price Index Related Terms

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


Abhishek Finlease (BOM:538935) Business Description

Traded in Other Exchanges
N/A
Address
402, Wall Street -1, Opposite Orient Club, Near Gujarat College, Ellisbridge, Ahmedabad, GJ, IND, 380006
Abhishek Finlease Ltd is an investment and financial consultant. It is engaged in providing financial services including long-term financial investments and short-term financial investments. It provides Non-banking financial services and investment consultancy services.

Abhishek Finlease (BOM:538935) Headlines

No Headlines