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Coforge (BOM:532541) 6-Month Price Index : 0.87 (As of Jun. 01, 2024)


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What is Coforge 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 (2024-06-01), Coforge's 6-Month Price Index is 0.87.


Competitive Comparison of Coforge's 6-Month Price Index

For the Information Technology Services subindustry, Coforge'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.


Coforge  (BOM:532541) 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.


Coforge  (BOM:532541) 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.


Coforge 6-Month Price Index Related Terms

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


Coforge (BOM:532541) Business Description

Traded in Other Exchanges
Address
Guru Ravi Das Marg, 8, Balaji Estate, Third Floor, Kalkaji, New Delhi, IND, 110 019
Coforge Ltd provides a variety of information technology, or IT, services. The firm's services include infrastructure management, business process, application and network testing, systems integration IP asset-based solutions, and digital services. The company's customers typically operate in the travel and transportation, banking and financial services, insurance, manufacturing, and media industries. The geographical segments of the company include Americas and Canada, Europe, Middle East and Africa, and Asia Pacific.

Coforge (BOM:532541) Headlines

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