GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Siti Networks Ltd (NSE:SITINET) » Definitions » 6-Month Price Index

Siti Networks (NSE:SITINET) 6-Month Price Index : 0.75 (As of Jun. 24, 2024)


View and export this data going back to 2007. Start your Free Trial

What is Siti Networks 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 (2024-06-24), Siti Networks's 6-Month Price Index is 0.75.


Competitive Comparison of Siti Networks's 6-Month Price Index

For the Entertainment subindustry, Siti Networks'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.


Siti Networks  (NSE:SITINET) 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.


Siti Networks  (NSE:SITINET) 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.


Siti Networks 6-Month Price Index Related Terms

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


Siti Networks (NSE:SITINET) Business Description

Traded in Other Exchanges
Address
Film City - Plot No. 19 and 20, Sector -16A, Upper Ground Floor, Film City, Noida, UP, IND, 201 301
Siti Networks Ltd is an Indian-based multi-system cable operator. It is engaged in providing cable television network services, internet services, and allied services. Its products includes High-Speed Broadband, Digital Television, Broadband, Local Television Channels, and Electronic Programming. The company also provides a wide gamut of services ranging from OTT and High-speed gaming ready services to IoT Ready Network with security camera and surveillance services to even business solutions in the ILP & ILL domains. The company operates in a single business segment of cable distribution and earns revenue from the same.

Siti Networks (NSE:SITINET) Headlines

No Headlines