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Charter Hall Long WALE REIT (ASX:CLW) 6-Month Price Index : 1.11 (As of Apr. 29, 2024)


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What is Charter Hall Long WALE REIT 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 (2024-04-29), Charter Hall Long WALE REIT's 6-Month Price Index is 1.11.

Competitive Comparison of Charter Hall Long WALE REIT's 6-Month Price Index

For the REIT - Diversified subindustry, Charter Hall Long WALE REIT'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.

Charter Hall Long WALE REIT  (ASX:CLW) 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.

Charter Hall Long WALE REIT  (ASX:CLW) 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.

Charter Hall Long WALE REIT 6-Month Price Index Related Terms

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Charter Hall Long WALE REIT (ASX:CLW) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Charter Hall Long WALE REIT (ASX:CLW) » Definitions » 6-Month Price Index
Comparable Companies
ASX:GPT ASX:SGP ASX:GOZ ASX:HPI ASX:HMC ASX:CNI ASX:ABG ASX:WOT ASX:NPR ASX:TOT VICI ASX:MGR WPC FUNO11 LSE:LAND SRC LSE:UTG TSE:8984 XPAR:COV XMAD:MRL
Traded in Other Exchanges
CHLWF:USA
Address
No. 1 Martin Place, Level 20, Sydney, NSW, AUS, 2000
Website
https://www.charterhall.com.au
Charter Hall Long Wale REIT is a diversified property trust, with assets in Australia and New Zealand. Occupancy is near 100%, and weighted average lease length is a long 11.2 years (as at June 30, 2023). More than half the REIT's leases are triple-net, where tenants pay rates, maintenance and most outgoings. The REIT's about AUD 7 billion portfolio of 550 properties spans offices, industrial, retail, social infrastructure, and agricultural logistics assets, with about 79% of the portfolio on Australia's eastern seaboard. Leases are evenly spread between CPI-linked (7.2% average rent increase expected in 2023) and fixed uplifts (average 3.1% uplift expected). The tenant profile is strong, with almost all occupiers being government, multinational or national businesses.