
Canada - TSX:WXM - CA12554M1068 - ETF
The current stock price of WXM.CA is 40.65 CAD. In the past month the price increased by 4.36%. In the past year, price increased by 30.54%.
The CI First Asset Morningstar Canada Momentum Index ETF offers investors a way to capitalize on upward trending companies whose share price has performed well in the recent past by replicating, to the extent possible, the Morningstar Canada Target Momentum Index. Empirical evidence suggests that outperforming stocks tend to continue to perform well, while underperformers tend to continue to lag. Utilizing Morningstar's proprietary CPMS methodologies, the index screens for above average returns on equity, with an emphasis on upward earnings estimate revisions and technical price momentum indicators. The index is comprised of the top 30 issuers in Canada that meet the screening requirements, and is equally weighted and rebalanced quarterly.
The current stock price of WXM.CA is 40.65 CAD. The price increased by 0.42% in the last trading session.
WXM.CA has a ChartMill Technical rating of 8 out of 10.You can find more details on the Technical Analysis and Fundamental Analysis tabs.
WXM.CA stock is listed on the Toronto Stock Exchange exchange.
ChartMill assigns a technical rating of 8 / 10 to WXM.CA. When comparing the yearly performance of all stocks, WXM.CA turns out to be only a medium performer in the overall market: it outperformed 68.28% of all stocks.