GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » United Polyfab Gujarat Ltd (NSE:UNITEDPOLY) » Definitions » 6-Month Price Index

United Polyfab Gujarat (NSE:UNITEDPOLY) 6-Month Price Index : 0.91 (As of Jun. 21, 2024)


View and export this data going back to 2016. Start your Free Trial

What is United Polyfab Gujarat 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 (2024-06-21), United Polyfab Gujarat's 6-Month Price Index is 0.91.


Competitive Comparison of United Polyfab Gujarat's 6-Month Price Index

For the Textile Manufacturing subindustry, United Polyfab Gujarat'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.


United Polyfab Gujarat  (NSE:UNITEDPOLY) 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.


United Polyfab Gujarat  (NSE:UNITEDPOLY) 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.


United Polyfab Gujarat 6-Month Price Index Related Terms

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


United Polyfab Gujarat (NSE:UNITEDPOLY) Business Description

Traded in Other Exchanges
N/A
Address
Narol-Sarkhej Highway, Survey No. 238, 239, Shahwadi, Opposite New Aarvee Denim, Ahmedabad, GJ, IND, 382405
United Polyfab Gujarat Ltd is an India-based company engaged in the business of trading and manufacturing of woven fabrics and yarn. The company also does the job work of manufacturing and weaving of grey denim, grey fabric, and grey cotton fabric. Its product portfolio comprises of products like Cotton yarn, Dyed fabric, Grey fabric, and Denim fabric. Majority of the revenue comes from the Indian market.

United Polyfab Gujarat (NSE:UNITEDPOLY) Headlines

No Headlines