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WT Financial Group (ASX:WTL) 6-1 Month Momentum % : 50.00% (As of Mar. 31, 2025)


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What is WT Financial Group 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 (2025-03-31), WT Financial Group's 6-1 Month Momentum % is 50.00%.

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

ASX:WTL's 6-1 Month Momentum % is ranked better than
97.01% of 1708 companies
in the Asset Management industry
Industry Median: -1.535 vs ASX:WTL: 50.00

Competitive Comparison of WT Financial Group's 6-1 Month Momentum %

For the Asset Management subindustry, WT Financial Group'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.


WT Financial Group's 6-1 Month Momentum % Distribution in the Asset Management Industry

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

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


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WT Financial Group  (ASX:WTL) 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.


WT Financial Group  (ASX:WTL) 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.


WT Financial Group 6-1 Month Momentum % Related Terms

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WT Financial Group Business Description

Traded in Other Exchanges
N/A
Address
95 Pitt Street, Level 5, Australia Square Plaza Building, Sydney, NSW, AUS, 2000
WT Financial Group Ltd is a diversified financial services company. The company's operating segment includes Business to Business (B2B), Direct to Consumer (B2C), and All other. It derives a majority of its revenue from the Business to Business (B2B) services segment which includes services like financial planning, investment advice, product sales, licensing services, and product offerings delivered to independently owned financial advice practices through its Wealth today, Sentry, Synchron, and M3 advice divisions. In its Direct to Consumer business segment, the company provides various financial advice, mortgage broking, tax, and accounting services directly to wholesale and retail clients under the Spring Financial Group brand.

WT Financial Group Headlines

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