Diverseome Trust (The) (LSE:DIVI) 6-Month Price Index : 1.04 (As of Jun. 16, 2024)

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What is Diverseome Trust (The) 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 (2024-06-16), Diverseome Trust (The)'s 6-Month Price Index is 1.04.

Competitive Comparison of Diverseome Trust (The)'s 6-Month Price Index

For the Asset Management subindustry, Diverseome Trust (The)'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.

Diverseome Trust (The) (LSE:DIVI) 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.

Diverseome Trust (The) (LSE:DIVI) 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.

Diverseome Trust (The) 6-Month Price Index Related Terms

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Diverseome Trust (The) (LSE:DIVI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Diverse Income Trust (The) PLC (LSE:DIVI) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

DIVIl:UK

Address

Southernhay West, Broadwalk House, Exeter, Devon, GBR, EX1 1TS

Website

https://www.diverseincometrust.com

Diverse Income Trust (The) PLC is a UK-based closed-end investment fund. The company mainly invests in quoted or traded UK companies with a wide range of market capitalizations but a long-term bias toward small and mid-cap equities. It adopts a stock-specific approach in managing the company's portfolio and therefore sector weightings are of secondary consideration. The company also utilizes derivative instruments including index-linked notes, contracts for differences, covered options, and other equity-related derivative instruments for efficient portfolio management, gearing, and investment purposes. Its main objective is to pay shareholders a good and growing dividend income.