JM Financial (NSE:JMFINANCIL) 6-Month Price Index : 0.92 (As of Jun. 20, 2024)

View and export this data going back to 2006. Start your Free Trial

What is JM Financial 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 (2024-06-20), JM Financial's 6-Month Price Index is 0.92.

Competitive Comparison of JM Financial's 6-Month Price Index

For the Capital Markets subindustry, JM Financial'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.

JM Financial (NSE:JMFINANCIL) 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.

JM Financial (NSE:JMFINANCIL) 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.

JM Financial 6-Month Price Index Related Terms

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

JM Financial (NSE:JMFINANCIL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » JM Financial Ltd (NSE:JMFINANCIL) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

523405:India

Address

Appasaheb Marathe Marg, 7th Floor, Cnergy, Prabhadevi, Mumbai, MH, IND, 400 025

Website

https://www.jmfl.com

JM Financial Ltd is an India-based financial services group, specialising in providing a range of businesses to corporations, financial institutions, high-net-worth individuals and retail investors. Its operating segment includes Investment Banking, Wealth Management and Securities Business (IWS); Mortgage Lending; Distressed Credit; and Asset Management and Others. IWS segment, which is the key revenue-generating segment, includes management of capital markets transactions, advising on mergers and acquisitions, and private equity syndication as well as provides investment advisory and distribution services, involving equity brokerage services, wealth management, capital market lending for wealth management and distribution of financial products.

JM Financial (NSE:JMFINANCIL) Headlines

No Headlines