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Supreme Industries (BOM:509930) 6-Month Price Index : 1.27 (As of Jun. 08, 2024)


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What is Supreme Industries 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 (2024-06-08), Supreme Industries's 6-Month Price Index is 1.27.


Competitive Comparison of Supreme Industries's 6-Month Price Index

For the Building Products & Equipment subindustry, Supreme Industries'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.


Supreme Industries  (BOM:509930) 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.


Supreme Industries  (BOM:509930) 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.


Supreme Industries 6-Month Price Index Related Terms

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


Supreme Industries (BOM:509930) Business Description

Traded in Other Exchanges
Address
167, Guru Hargovindji Marg, 1161 & 1162 Solitaire Corporate Park, Andheri Ghatkopar Link Road, Andheri (East), Mumbai, MH, IND, 400093
Supreme Industries Ltd is an Indian plastic processor company. The company is engaged in the manufacturing of plastic products. The company operates in five segments namely Plastics piping systems, Consumer products, Industrial Products, Packaging Products and Other Products. The company has forayed into different types of plastic processing in Injection Moulding, Rotational Moulding (ROTO), Extrusion, Compression Moulding and Blow Moulding. The company mainly earns its revenue from the sale of plastic products.

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