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WisdomTree (WisdomTree) 6-1 Month Momentum % : 48.23% (As of May. 01, 2024)


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What is WisdomTree 6-1 Month Momentum %?

6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-05-01), WisdomTree's 6-1 Month Momentum % is 48.23%.

The industry rank for WisdomTree's 6-1 Month Momentum % or its related term are showing as below:

WT's 6-1 Month Momentum % is ranked better than
93.02% of 1749 companies
in the Asset Management industry
Industry Median: 11.83 vs WT: 48.23

Competitive Comparison of WisdomTree's 6-1 Month Momentum %

For the Asset Management subindustry, WisdomTree's 6-1 Month Momentum %, along with its competitors' market caps and 6-1 Month Momentum % 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.


WisdomTree's 6-1 Month Momentum % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, WisdomTree's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where WisdomTree's 6-1 Month Momentum % falls into.



WisdomTree  (NYSE:WT) 6-1 Month Momentum % Calculation

6-1 Month Momentum % is calculated as following:

6-1 Month Momentum %=( Price 1-month ago / Price 6-month ago - 1 ) * 100 %

* 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.


WisdomTree  (NYSE:WT) 6-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 6-1 Month Momentum % measures the total return to a stock over the past six months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.


WisdomTree 6-1 Month Momentum % Related Terms

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WisdomTree (WisdomTree) Business Description

Traded in Other Exchanges
Address
250 West 34th Street, 3rd Floor, New York, NY, USA, 10119
WisdomTree Inc is a financial innovator, offering a well-diversified suite of exchange-traded products (ETPs), models, and solutions. It offers a broad range of ETFs and exchange-traded products (ETPs). The firm also engages in developing next-generation digital products and structures, including digital funds and tokenized assets, as well as its blockchain-native digital wallet, WisdomTree Prime.
Executives
Rilla S Delorier director 5415 EVERGREEN WAY, EVERETT WA 98203
Peter M Ziemba director 250 WEST 34TH STREET, 3RD FLOOR, C/O WISDOMTREE, INC., NEW YORK NY 10119
Shamla Naidoo director 1104 LINNEA LN, SOUTHLAKE TX 76092
Tonia L Pankopf director 8 SOUND SHORE DR STE 215, GREENWICH CT 06830
Daniela Mielke director 8500 GOVERNORS HILL DRIVE, SYMMES TOWNSHIP OH 45249
Lynn S. Blake director 250 WEST 34TH STREET, 3RD FLOOR, C/O WISDOMTREE INVESTMENTS, INC., NEW YORK NY 10119
Deborah Fuhr director C/O LGBTQ LOYALTY HOLDINGS, INC.,, 2435 N DIXIE HWY, WILTON MANORS FL 33305
Lion Point Capital, Lp other: See Explanation of Responses 250 WEST 55TH STREET, 33RD FLOOR, NEW YORK NY 10019
Lion Point Holdings Gp, Llc other: See Explanation of Responses 250 WEST 55TH STREET, 33RD FLOOR, NEW YORK NY 10019
Didric Cederholm other: See Explanation of Responses 250 WEST 55TH STREET, 33RD FLOOR, NEW YORK NY 10019
David M Yates officer: Chief Information Officer 250 WEST 34TH STREET, 3RD FLOOR, C/O WISDOMTREE, INC., NEW YORK NY 10119
Jonathan L Steinberg director, officer: Chief Executive Officer 250 WEST 34TH STREET, 3RD FLOOR, C/O WISDOMTREE, INC., NEW YORK NY 10119
Harold Iii Singleton director C/O WISDOMTREE INVESTMENTS, INC., 230 PARK AVENUE, 3RD FLOOR WEST, NEW YORK NY 10169
Frank Salerno director C/O K-SEA TRANSPORTATION PARTNERS L.P., 3245 RICHMOND TERRACE, STATEN ISLAND NY 10303
Smita Conjeevaram director 70 HERETOLD ROAD, BRONXVILLE NY 17708