GURUFOCUS.COM » STOCK LIST » Technology » Software » EPAM Systems Inc (NYSE:EPAM) » Definitions » 6-1 Month Momentum %

EPAM Systems (EPAM Systems) 6-1 Month Momentum % : 25.73% (As of Apr. 27, 2024)


View and export this data going back to 2012. Start your Free Trial

What is EPAM Systems 6-1 Month Momentum %?

6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-04-27), EPAM Systems's 6-1 Month Momentum % is 25.73%.

The industry rank for EPAM Systems's 6-1 Month Momentum % or its related term are showing as below:

EPAM's 6-1 Month Momentum % is ranked better than
70.62% of 2801 companies
in the Software industry
Industry Median: 7.15 vs EPAM: 25.73

Competitive Comparison of EPAM Systems's 6-1 Month Momentum %

For the Information Technology Services subindustry, EPAM Systems's 6-1 Month Momentum %, along with its competitors' market caps and 6-1 Month Momentum % 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.


EPAM Systems's 6-1 Month Momentum % Distribution in the Software Industry

For the Software industry and Technology sector, EPAM Systems's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where EPAM Systems's 6-1 Month Momentum % falls into.



EPAM Systems  (NYSE:EPAM) 6-1 Month Momentum % Calculation

6-1 Month Momentum % is calculated as following:

6-1 Month Momentum %=( Price 1-month ago / Price 6-month ago - 1 ) * 100 %

* 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.


EPAM Systems  (NYSE:EPAM) 6-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 6-1 Month Momentum % measures the total return to a stock over the past six months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.


EPAM Systems 6-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of EPAM Systems's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.


EPAM Systems (EPAM Systems) Business Description

Traded in Other Exchanges
Address
41 University Drive, Suite 202, Newtown, PA, USA, 18940
EPAM Systems is a global IT services firm that offers platform engineering, software development, and consulting services. EPAM's largest market is North America, which represents approximately 60% of revenues. Offerings span assisting companies with new technologies, such as artificial intelligence, virtual reality, and robotics.
Executives
Jason D. Peterson officer: Chief Financial Officer 41 UNIVERSITY DRIVE SUITE 202, NEWTOWN PA 18940
Elaina Shekhter officer: Chief Marketing Officer 860 GREAT OAKS TRAIL, EAGAN MN 55123
Eugene Roman director 72 EDENBRIDGE DRIVE, TORONTO A6 M9A3G2
Chandra Mcmahon director C/O EPAM SYSTEMS, INC., 41 UNIVERSITY DRIVE SUITE 202, NEWTOWN PA 18940
Deanne Aguirre director C/O HERCULES CAPITAL, INC., 400 HAMILTON AVENUE, SUITE 310, PALO ALTO CA 94301
Viktar Dvorkin officer: SVP/Head of Global Delivery C/O EPAM SYSTEMS, INC., 41 UNIVERSITY DRIVE, SUITE 202, NEWTOWN PA 18940
Gary C Abrahams officer: VP, Corporate Controller, PAO 41 UNIVERSITY DRIVE SUITE 202, NEWTOWN PA 18940
Balazs Fejes officer: Chief Technology Officer C/O EPAM SYSTEMS, INC., 41 UNIVERSITY DRIVE, SUITE 202, NEWTOWN PA 18940
Boris Shnayder officer: SVP/Co-Head of Global Business 41 UNIVERSITY DRIVE SUITE 202, NEWTOWN PA 18940
Arkadiy Dobkin director, 10 percent owner, officer: CEO, President, Chairman C/O EPAM SYSTEMS, INC., 41 UNIVERSITY DRIVE, SUITE 202, NEWTOWN PA 18940
Lawrence F Solomon officer: SVP & Chief People Officer 41 UNIVERSITY DRIVE SUITE 202, NEWTOWN PA 18940
Ronald P Vargo director 41 UNIVERSITY DRIVE, SUITE 202, NEWTOWN PA 18940
Robert E. Segert director C/O EPAM SYSTEMS, INC., 41 UNIVERSITY DRIVE, SUITE 202, NEWTOWN PA 18940
Karl Robb director, officer: Pres. of EU Operations, EVP C/O EPAM SYSTEMS, INC., 41 UNIVERSITY DRIVE, SUITE 202, NEWTOWN PA 18940
Sergey Yezhkov officer: SVP/Co-Head of Global Business C/O EPAM SYSTEMS, INC., 41 UNIVERSITY DRIVE, SUITE 202, NEWTOWN PA 18940

EPAM Systems (EPAM Systems) Headlines

From GuruFocus

Q1 2019 EPAM Systems Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q3 2020 Epam Systems Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q2 2020 Epam Systems Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024

Epam Systems Inc Investor & Analyst Day Transcript

By GuruFocus Research 01-22-2024

Q4 2020 Epam Systems Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024

EPAM Systems Inc Investor and Analyst Day Transcript

By GuruFocus Research 01-22-2024

Q4 2022 Epam Systems Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q2 2019 EPAM Systems Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024