Jayabharat Credit (BOM:501311) 6-Month Price Index : 1.39 (As of Jun. 03, 2024)

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What is Jayabharat Credit 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 (2024-06-03), Jayabharat Credit's 6-Month Price Index is 1.39.

Competitive Comparison of Jayabharat Credit's 6-Month Price Index

For the Credit Services subindustry, Jayabharat Credit'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.

Jayabharat Credit (BOM:501311) 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.

Jayabharat Credit (BOM:501311) 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.

Jayabharat Credit 6-Month Price Index Related Terms

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Jayabharat Credit (BOM:501311) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Jayabharat Credit Ltd (BOM:501311) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mumbai Samachar Marg, 19-20, Rajabahadur Mansion No. 22, 4th Floor, Opposite SBI Main branch, Near Stock Exchange, Fort, Mumbai, MH, IND, 400023

Website

http://www.jayabharat.com

Jayabharat Credit Ltd is a non-banking financial company. It is engaged in the business of Hire purchase and Leasing, focusing on repayment of Fixed deposits. The company operates only in fund-based activities.

Jayabharat Credit (BOM:501311) Headlines

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