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WealthNavi (TSE:7342) 6-Month Price Index : 1.13 (As of May. 11, 2024)


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What is WealthNavi 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 (2024-05-11), WealthNavi's 6-Month Price Index is 1.13.

Competitive Comparison of WealthNavi's 6-Month Price Index

For the Asset Management subindustry, WealthNavi'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.

WealthNavi  (TSE:7342) 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.

WealthNavi  (TSE:7342) 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.

WealthNavi 6-Month Price Index Related Terms

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

WealthNavi (TSE:7342) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » WealthNavi Inc (TSE:7342) » Definitions » 6-Month Price Index
Comparable Companies
TSE:5842 TSE:8739 TSE:6620 TSE:4310 TSE:3772 TSE:8624 TSE:8595 TSE:2998 TSE:3454 TSE:7347 BLK BX OSTO:INVE A TSX:BN KKR APO BK AMP XSWX:PGHN LSE:III
Traded in Other Exchanges
WNAVF:USA
Address
2-22-3 Shibuya, Shibuya East Exit Building, 9th Floor, Shibuya-ku, Tokyo, JPN, 150-0002
Website
https://www.wealthnavi.com
WealthNavi Inc provides asset management services. The company provides long-term, funded, diversified asset management services like automatic construction of an optimal portfolio, automatic ordering, automatic reserve, automatic rebalancing, and automatic tax optimization. The activities of the group are carried out through WealthNavi platform.

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