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Dell-VMWare Tracking Stock (Dell-VMWare Tracking Stock) Momentum Rank : 0 (As of May. 05, 2024)


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What is Dell-VMWare Tracking Stock Momentum Rank?

Dell-VMWare Tracking Stock has the Momentum Rank of 0.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.


Dell-VMWare Tracking Stock Momentum Rank Related Terms

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Dell-VMWare Tracking Stock (Dell-VMWare Tracking Stock) Business Description

Traded in Other Exchanges
N/A
Address
Dell-VMWare Tracking Stock was incorporated in the state of Delaware on January 31, 2013 under the name of Denali Holding Inc. It changed its name to Dell Technologies Inc. on August 25, 2016. On September 7, 2016, a merger subsidiary of Dell Technologies merged with and into EMC Corporation, with EMC Corporation surviving the merger as a wholly-owned subsidiary of Dell Technologies. The company has issued a tracking stock to track the performance of a portion of Dell Technologies' economic interest in the VMware business. It is an information technology company. The company offers virtualization and cloud infrastructure solutions, which enable organizations to manage IT resources across complex multi-cloud, multi-device environments.
Executives
Richard J Rothberg officer: General Counsel & Secretary ONE DELL WAY, ROUND ROCK TX 78682
William F Scannell officer: President, Global Sales EMC CORPORATION, 176 SOUTH STREET, HOPKINTON MA 01748
Thomas W Sweet officer: Chief Financial Officer ONE DELL WAY, ROUND ROCK TX 78682
Howard D Elias officer: President, Services & Digital C/O EMC CORPORATION, 176 SOUTH STREET, HOPKINTON MA 01748
Ellen Jamison Kullman director UNITED TECHNOLOGIES CORP, 10 FARM SPRINGS ROAD, FARMINGTON CT 06032
William D Green director C/O ACCENTURE, 161 N CLARK STREET, CHICAGO IL 60601
Radakovich Lynn Vojvodich director C/O BOOKING HOLDINGS INC., 800 CONNECTICUT AVENUE, NORWALK CT 06854
David W Dorman director CVS HEALTH., ONE CVS DRIVE, WOONSOCKET RI 02895
Jeffrey W Clarke officer: COO & Vice Chairman C/O DELL INC., ONE DELL WAY, ROUND ROCK TX 78682
Allison Dew officer: Chief Marketing Officer C/O DELL TECHNOLOGIES INC., ONE DELL WAY, ROUND ROCK TX 78682
Steven H Price officer: Chief Human Resources Officer ONE DELL WAY, ROUND ROCK TX 78682
Karen H Quintos officer: Chief Customer Officer ONE DELL WAY, ROUND ROCK TX 78682
Rory P Read officer: Chief Operating Executive ONE DELL WAY, ROUND ROCK TX 78682
Michael S Dell director, 10 percent owner, officer: Chief Executive Officer C/O DELL INC., ONE DELL WAY, ROUND ROCK TX 78682-2244
Brunilda Rios officer: Chief Accounting Officer C/O DELL TECHNOLOGIES INC., ONE DELL WAY, ROUND ROCK TX 78682

Dell-VMWare Tracking Stock (Dell-VMWare Tracking Stock) Headlines