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Wellnex Life (ASX:WNX) 6-Month Price Index : 0.62 (As of Jun. 18, 2024)


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What is Wellnex Life 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 (2024-06-18), Wellnex Life's 6-Month Price Index is 0.62.

Competitive Comparison of Wellnex Life's 6-Month Price Index

For the Packaged Foods subindustry, Wellnex Life'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.

Wellnex Life  (ASX:WNX) 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.

Wellnex Life  (ASX:WNX) 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.

Wellnex Life 6-Month Price Index Related Terms

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

Wellnex Life (ASX:WNX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Wellnex Life Ltd (ASX:WNX) » Definitions » 6-Month Price Index
Comparable Companies
ASX:JAT ASX:TFL ASX:AHF ASX:HLF ASX:FOD ASX:HPC ASX:NGS ASX:PFT ASX:CSF ASX:NUC XSWX:NESN SHSE:603288 KHC GIS XPAR:BN SHSE:600887 SZSE:300999 HRL MKC K
Traded in Other Exchanges
22W0:Germany
Address
574 Plummer Street, Building 2, Level 3, Suite 69, Port Melbourne, Melbourne, VIC, AUS, 3207
Website
https://www.wattlehealth.com.au
Wellnex Life Ltd is a health and wellness company which is engaged in developing health and wellness products. It offers products including nutritional food products, natural baby skincare range, and nutritional health supplement range. The company offers its products through brands such as The Iron Company, Mr Bright, Nighty Night and others.

Wellnex Life (ASX:WNX) Headlines

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