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Fairfax India Holdings (TSX:FIH.U) 6-Month Price Index : 1.16 (As of Apr. 27, 2024)


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What is Fairfax India Holdings 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 (2024-04-27), Fairfax India Holdings's 6-Month Price Index is 1.16.

Competitive Comparison of Fairfax India Holdings's 6-Month Price Index

For the Asset Management subindustry, Fairfax India Holdings'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.

Fairfax India Holdings  (TSX:FIH.U) 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.

Fairfax India Holdings  (TSX:FIH.U) 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.

Fairfax India Holdings 6-Month Price Index Related Terms

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

Fairfax India Holdings (TSX:FIH.U) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Fairfax India Holdings Corp (TSX:FIH.U) » Definitions » 6-Month Price Index
Comparable Companies
TSX:CIX TSX:EIT.UN TSX:BBUC TSX:CYB TSX:UNC TSX:CVG TSX:SII TSX:GCG TSX:SEC TSX:CGI BLK BX OSTO:INVE A TSX:BN KKR APO BK AMP XSWX:PGHN LSE:III
Traded in Other Exchanges
FFXDF:USA F5X:Germany
Address
95 Wellington Street West, Suite 800, Toronto, ON, CAN, M5J 2N7
Website
https://www.fairfaxindia.ca
Fairfax India Holdings Corp is an investment holding company. The investment objective is to achieve long-term capital appreciation, while preserving capital, by investing in public and private equity securities and debt instruments in India and Indian businesses or other businesses with customers, suppliers, or business conducted in or dependent on India. The company operates through investing in the India segment and it earns income through the source of interest and dividends.

Fairfax India Holdings (TSX:FIH.U) Headlines

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