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Star Health and Allied Insurance Co (NSE:STARHEALTH) 6-Month Price Index : 0.90 (As of Dec. 15, 2024)


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What is Star Health and Allied Insurance Co 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 (2024-12-15), Star Health and Allied Insurance Co's 6-Month Price Index is 0.90.


Competitive Comparison of Star Health and Allied Insurance Co's 6-Month Price Index

For the Insurance - Diversified subindustry, Star Health and Allied Insurance Co'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.


Star Health and Allied Insurance Co  (NSE:STARHEALTH) 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.


Star Health and Allied Insurance Co  (NSE:STARHEALTH) 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.


Star Health and Allied Insurance Co 6-Month Price Index Related Terms

Thank you for viewing the detailed overview of Star Health and Allied Insurance Co's 6-Month Price Index provided by GuruFocus.com. Please click on the following links to see related term pages.


Star Health and Allied Insurance Co Business Description

Traded in Other Exchanges
Address
Dr. Radha Krishnan Salai, No. 148, Acropolis, Mylapore, Chennai, TN, IND, 600004
Star Health and Allied Insurance Co Ltd operates non-life insurance in India. It focuses on the retail health and group health segments. The company distributes policies through individual agents and also includes corporate agent banks and other corporate agents. It offers various types of insurance plans such as health, accidental, travel, corporate, and others. The operating segments of the company are based on the various types of insurance and include Fire, Marine Cargo, Marine Hull, Aviation, Workmens Compensation, Engineering, Public Product Liability, Personal Accident, Health Insurance, and others. The majority of its revenue is generated from its Health, and Personal Accident insurance products.

Star Health and Allied Insurance Co Headlines

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