Witan Investment Trust (LSE:WTAN) 6-Month Price Index : 1.13 (As of Jun. 01, 2024)

View and export this data going back to 1950. Start your Free Trial

What is Witan Investment Trust 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), Witan Investment Trust's 6-Month Price Index is 1.13.

Competitive Comparison of Witan Investment Trust's 6-Month Price Index

For the Asset Management subindustry, Witan Investment Trust'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.

Witan Investment Trust (LSE:WTAN) 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.

Witan Investment Trust (LSE:WTAN) 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.

Witan Investment Trust 6-Month Price Index Related Terms

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

Witan Investment Trust (LSE:WTAN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Witan Investment Trust PLC (LSE:WTAN) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

WTANl:UK

Address

14 Queen Anne's Gate, London, GBR, SW1H 9AA

Website

https://www.witan.com

Witan Investment Trust PLC is a United Kingdom-based closed-end investment trust. The company's objective is to achieve long-term growth in income and capital through active multi-manager investment in global equities. Its operating segments include Investment Trust and Management services. The company derives the maximum revenue from the Investment Trust segment. Geographically, investment of the trust can be seen across the region of United Kingdom, North America, Continental Europe, Japan, Asia-Pacific, Latin America, and others of which majority of revenue is derived from United Kingdom region.

Witan Investment Trust (LSE:WTAN) Headlines

No Headlines