GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Force Motors Ltd (BOM:500033) » Definitions » 6-Month Price Index

Force Motors (BOM:500033) 6-Month Price Index : 2.21 (As of Jun. 07, 2024)


View and export this data going back to 2001. Start your Free Trial

What is Force Motors 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 (2024-06-07), Force Motors's 6-Month Price Index is 2.21.


Competitive Comparison of Force Motors's 6-Month Price Index

For the Auto Manufacturers subindustry, Force Motors'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.


Force Motors  (BOM:500033) 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.


Force Motors  (BOM:500033) 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.


Force Motors 6-Month Price Index Related Terms

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


Force Motors (BOM:500033) Business Description

Traded in Other Exchanges
Address
Mumbai-Pune Road, Akurdi, Pune, MH, IND, 411 035
Force Motors Ltd is an automobile manufacturing company domiciled in India. The company principally manufactures small commercial vehicles, including cargo transportation; light commercial vehicles, such as buses and vans; multi-utility vehicles; sports utility vehicles; and agricultural tractors. In addition to vehicle manufacturing operations, Force Motors manufactures products related to the automobile industry, such as diesel engines. Production is largely sold domestically, and the company's manufacturing operations are conducted in domestic plants.

Force Motors (BOM:500033) Headlines

No Headlines