Wix.com is a global cloud-based web development platform for registered users and creators worldwide. Co. provides its solutions through a Software-as-a-Service business model. Co.'s platform consists of the following web creation products: Wix ADI, intended for website creation, the Wix Editor, intended for website creation targeted at users with basic, average or above average technological skills, and Editor X, intended for users such as design personnel. Co.'s platform also includes a development environment called Velo by Wix, through which users can combine the products and solutions its platform provides with developer capabilities to create websites and web applications. The WIX YTD return is shown above.
The YTD Return on the WIX YTD return page and across the coverage universe of our site,
is a measure of the total return for a given investment year-to-date for the current calendar year
(up to the end of prior trading session). Arguably, choosing the current calendar year for a measurement
period is on the one hand completely arbitrary, but on the other hand a year-to-date look can be extremely
useful in the context of our country's tax system which taxes gains and income on a calendar year basis.
Thus, researching Year-To-Date Returns is good practice for investors — whether WIX YTD return or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's YTD return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the WIX YTD return calculation (with any dividends reinvested as applicable), and to provide a
coverage universe of many stocks and ETFs to be able to compare YTD returns.
|