GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Adani Total Gas Ltd (BOM:542066) » Definitions » 6-Month Price Index

Adani Total Gas (BOM:542066) 6-Month Price Index : 1.68 (As of May. 05, 2024)


View and export this data going back to 2018. Start your Free Trial

What is Adani Total Gas 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 (2024-05-05), Adani Total Gas's 6-Month Price Index is 1.68.


Competitive Comparison of Adani Total Gas's 6-Month Price Index

For the Utilities - Regulated Gas subindustry, Adani Total Gas'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.


Adani Total Gas  (BOM:542066) 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.


Adani Total Gas  (BOM:542066) 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.


Adani Total Gas 6-Month Price Index Related Terms

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


Adani Total Gas (BOM:542066) Business Description

Traded in Other Exchanges
Address
S. G. Highway, Near Vaishno Devi Circle, Adani Corporate House, Shantigram, Khodiyar, Ahmedabad, GJ, IND, 382421
Adani Total Gas Ltd is developing City Gas Distribution (CGD) Networks to supply the Piped Natural Gas (PNG) to the Industrial, Commercial, Domestic (residential) and Compressed Natural Gas (CNG) to the transport sector. Geographically, the group has set up gas distribution networks in Ahmedabad and Vadodara in Gujarat, Faridabad in Haryana and Khurja in Uttar Pradesh.

Adani Total Gas (BOM:542066) Headlines

No Headlines