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Advance Syntex (BOM:539982) 6-Month Price Index : 1.10 (As of May. 23, 2024)


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What is Advance Syntex 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 (2024-05-23), Advance Syntex's 6-Month Price Index is 1.10.


Competitive Comparison of Advance Syntex's 6-Month Price Index

For the Specialty Chemicals subindustry, Advance Syntex'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.


Advance Syntex  (BOM:539982) 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.


Advance Syntex  (BOM:539982) 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.


Advance Syntex 6-Month Price Index Related Terms

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


Advance Syntex (BOM:539982) Business Description

Traded in Other Exchanges
N/A
Address
233/2 & 238/2 GIDC POR, Ramangamdi, Vadodara, GJ, IND, 391243
Advance Syntex Ltd is an India-based manufacturer of other made-up textile goods except for apparel. It manufactures and exports metallic yarn, lacquer-coated aluminum metalized polyester film, glitter powder, and allied other products. The company's product line includes metalized polyester films, metalized and coated film for metallic yarn, polyester tape films, and coated polyester films; glitter powder for textiles, decorative and clear polyester glitters, and others.

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