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Wolfspeed (LTS:0I4Q) 6-Month Price Index : 0.64 (As of Jun. 01, 2024)


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What is Wolfspeed 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), Wolfspeed's 6-Month Price Index is 0.64.

Competitive Comparison of Wolfspeed's 6-Month Price Index

For the Semiconductors subindustry, Wolfspeed'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.

Wolfspeed  (LTS:0I4Q) 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.

Wolfspeed  (LTS:0I4Q) 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.

Wolfspeed 6-Month Price Index Related Terms

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

Wolfspeed (LTS:0I4Q) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Wolfspeed Inc (LTS:0I4Q) » Definitions » 6-Month Price Index
Comparable Companies
VSH DIOD SYNA SITM SIMO SMTC SLAB POWI FORM MXL NVDA TPE:2330 AVGO AMD QCOM TXN MU INTC ADI XKRX:000660
Traded in Other Exchanges
WOLF:USA CR6A:Germany
Address
4600 Silicon Drive, Durham, NC, USA, 27703
Website
https://www.wolfspeed.com
Wolfspeed Inc is involved in the manufacturing of wide bandgap semiconductors. It is focused on silicon carbide and gallium nitride materials and devices for power and radio-frequency (RF) applications. The company serves applications such as transportation, power supplies, inverters, and wireless systems. Geographically, it derives a majority of revenue from Europe and also has a presence in the United States; China; Japan; South Korea, and other countries.

Wolfspeed (LTS:0I4Q) Headlines

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