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Creative Newtech (NSE:CREATIVE) 6-Month Price Index : 0.81 (As of Apr. 13, 2025)


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What is Creative Newtech 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 (2025-04-13), Creative Newtech's 6-Month Price Index is 0.81.


Competitive Comparison of Creative Newtech's 6-Month Price Index

For the Electronics & Computer Distribution subindustry, Creative Newtech'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.


Creative Newtech  (NSE:CREATIVE) 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.


Creative Newtech  (NSE:CREATIVE) 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.


Creative Newtech 6-Month Price Index Related Terms

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


Creative Newtech Business Description

Traded in Other Exchanges
N/A
Address
Kandivali Co Op Industrial Estate Limited, 3rd and 4th Floor, Plot No. 137AB, Charkop, Kandivali West, Mumbai, MH, IND, 400067
Creative Newtech Ltd is engaged in the business of distribution of IT products. The company's B2B e-commerce platform caters to various sub-distributors, retailers, and other customers, and serves as a one-stop-shop offering end-to-end solutions. Its operating segment includes Enterprise Business - EB; Fast Moving Social - Media Gadgets - FMSG; Fast Moving Electronics Goods - FMEG and Fast Moving Consumer Technology - FMCT. The company generates maximum revenue from the Enterprise Business (EB) segment which includes high-volume products tailored for enterprise clients. Notable brands in this segment include AOC, Philips, and others. Geographically, it caters to both the Indian and international markets and derives its key revenue from outside India.

Creative Newtech Headlines

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