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STL Global (NSE:SGL) 6-Month Price Index : 1.00 (As of Jun. 01, 2024)


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What is STL Global 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), STL Global's 6-Month Price Index is 1.00.


Competitive Comparison of STL Global's 6-Month Price Index

For the Textile Manufacturing subindustry, STL Global'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.


STL Global  (NSE:SGL) 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.


STL Global  (NSE:SGL) 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.


STL Global 6-Month Price Index Related Terms

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


STL Global (NSE:SGL) Business Description

Traded in Other Exchanges
Address
Plot Number 207-208, Sector-58, Faridabad, HR, IND, 121004
STL Global Ltd is an India-based firm engaged in the manufacturing, distribution, and trading of textiles and related products. The company is organized in single segments namely, the Textile segment comprises of processed dyed & finished fabric, knitted fabric and others. Majority of its revenue comes from the Indian market. Majority of revenue is generated from sale of goods.

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