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WiseTech Global (ASX:WTC) 6-Month Price Index : 1.45 (As of Jun. 10, 2024)


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What is WiseTech 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 (2024-06-10), WiseTech Global's 6-Month Price Index is 1.45.


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

For the Software - Application subindustry, WiseTech 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.


WiseTech Global  (ASX:WTC) 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.


WiseTech Global  (ASX:WTC) 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.


WiseTech Global 6-Month Price Index Related Terms

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


WiseTech Global (ASX:WTC) Business Description

Traded in Other Exchanges
Address
72 O’Riordan Street, Unit 3a, Alexandria, Sydney, NSW, AUS, 2015
WiseTech is a founder-led technology company that provides logistics software. WiseTech's core product suite, CargoWise, provides the best-in-class software solution for international freight-forwarding and boasts industry-leading annual customer retention rates of over 99%. CargoWise's main competition consists of in-house software solutions and manual processes, providing a large and highly winnable market opportunity for WiseTech's current and future products.

WiseTech Global (ASX:WTC) Headlines

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