GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Satia Industries Ltd (BOM:539201) » Definitions » 6-Month Price Index

Satia Industries (BOM:539201) 6-Month Price Index : 0.88 (As of Jun. 11, 2024)


View and export this data going back to 2015. Start your Free Trial

What is Satia 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 (2024-06-11), Satia Industries's 6-Month Price Index is 0.88.


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

For the Paper & Paper Products subindustry, Satia 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.


Satia Industries  (BOM:539201) 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.


Satia Industries  (BOM:539201) 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.


Satia Industries 6-Month Price Index Related Terms

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


Satia Industries (BOM:539201) Business Description

Traded in Other Exchanges
Address
Malout-Muktsar Road, Village Rupana, Muktsar, PB, IND, 152032
Satia Industries Ltd manufactures and sells writing and printing paper in India and internationally. The product profile includes Super Snow White, Snow White, Map litho, Colored paper, Ledger paper, Cartridge paper, Duplicating, bond paper with and without watermarks, and Chromo (Art) paper. These products are extensively used in the printing of books, directories, envelops, diaries, calendars, computer stationery, and others. Its segments are Yarn and cotton division, Paper division, Cogeneration division, Agriculture division, and Solar division. It generates majority revenue from the Paper division.

Satia Industries (BOM:539201) Headlines

No Headlines