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UTI Asset Management Co (NSE:UTIAMC) 6-Month Price Index : 1.21 (As of Jun. 22, 2024)


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What is UTI Asset Management 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 (2024-06-22), UTI Asset Management Co's 6-Month Price Index is 1.21.


Competitive Comparison of UTI Asset Management Co's 6-Month Price Index

For the Asset Management subindustry, UTI Asset Management 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.


UTI Asset Management Co  (NSE:UTIAMC) 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.


UTI Asset Management Co  (NSE:UTIAMC) 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.


UTI Asset Management Co 6-Month Price Index Related Terms

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UTI Asset Management Co (NSE:UTIAMC) Business Description

Traded in Other Exchanges
Address
G Block, Bandra Kurla Complex, UTI Tower, Bandra (East), Mumbai, MH, IND, 400051
UTI Asset Management Co Ltd is an asset management company in India. The company caters to a diverse group of individual and institutional investors through a wide variety of funds and services. It manages domestic mutual funds, provides portfolio management services, and manages retirement funds, offshore funds, and alternative investment funds. The objective of the group is to maximize the shareholder value as well as to maintain investor, creditor, and market confidence and sustain the future development of the group.

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