GURUFOCUS.COM » STOCK LIST » Technology » Software » Adroit Infotech Ltd (NSE:ADROITPP1) » Definitions » 6-Month Price Index

Adroit Infotech (NSE:ADROITPP1) 6-Month Price Index : 0.72 (As of May. 09, 2025)


View and export this data going back to 2024. Start your Free Trial

What is Adroit Infotech 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 (2025-05-09), Adroit Infotech's 6-Month Price Index is 0.72.


Competitive Comparison of Adroit Infotech's 6-Month Price Index

For the Information Technology Services subindustry, Adroit Infotech'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.


Adroit Infotech  (NSE:ADROITPP1) 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.


Adroit Infotech  (NSE:ADROITPP1) 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.


Adroit Infotech 6-Month Price Index Related Terms

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


Adroit Infotech Business Description

Traded in Other Exchanges
Address
Road Number 12, Banjara Hills, Plot Number 7A, MLA Colony, Hyderabad, TG, IND, 500034
Adroit Infotech Ltd is a SAP Consulting company. The company services include 4 Hana Enterprise Management; Data Analytics and Mobility; Conventional SAP ECC; Next Generation Products; and Migrations to Hana. The company offers network solutions like the Internet, Network Management Services, Data Centre and Co-Location Services and Enterprise Mailing Solutions. The company derives revenues essentially from business IT services comprising software development and related services, consulting, and package implementation. Geographically the company generates the majority of its revenue from foreign.

Adroit Infotech Headlines

No Headlines