Pegasystems (Pegasystems) Momentum Rank : 6 (As of Apr. 28, 2024)

View and export this data going back to 1996. Start your Free Trial

What is Pegasystems Momentum Rank?

Pegasystems has the Momentum Rank of 6.

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.

Competitive Comparison of Pegasystems's Momentum Rank

For the Software - Application subindustry, Pegasystems's Momentum Rank, along with its competitors' market caps and Momentum Rank 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.

Pegasystems's Momentum Rank Distribution in the Software Industry

For the Software industry and Technology sector, Pegasystems's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Pegasystems's Momentum Rank falls into.

Pegasystems Momentum Rank Related Terms

Thank you for viewing the detailed overview of Pegasystems's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Pegasystems (Pegasystems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Pegasystems Inc (NAS:PEGA) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

PEA:Germany

Address

One Main Street, Cambridge, MA, USA, 02142

Website

https://www.pega.com

Founded in 1983, Pegasystems provides a suite of solutions for customer engagement and business process management. The company's key offering is the Pega Infinity platform, which combines business process management, or BPM, with customer relationship management, or CRM, applications. The company focuses on enterprise-size customers, specifically within the financial, insurance, and healthcare verticals.

Executives

Efstathios A Kouninis	officer: VP of Finance & CAO	26 GRANDVIEW DRIVE, DOVER NH 03820
Rifat Kerim Akgonul	officer: Chief Product Officer	ONE ROGERS STREET, CAMBRIDGE MA 02142
Leon Trefler	officer: SVP, Global Customer Success	1 MAIN STREET, CAMBRIDGE MA 02142
Kenneth Stillwell	officer: CFO, SVP	ONE ROGERS STREET, CAMBRDIGE MA 02142
Richard H Jones	director	C/O PEGASYSTEMS INC, 101 MAIN STREET, CAMBRIDGE MA 02142
John Gerard Higgins	officer: Chief, Client &Partner Success	C/O PEGASYSTEMS INC., 1 MAIN STREET, CAMBRIDGE MA 02142
Michael R Pyle	officer: Senior VP, Engineering	C/O PEGASYSTEMS INC, 101 MAIN STREET, CAMBRIGE MA 02142
Christopher Lafond	director	56 TOP GALLANT RD, STAMFORD CT 06904
Sharon T Rowlands	director	195 BROADWAY, NEW YORK NY 10007
Dianne Ledingham	director	ONE ROGERS STREET, CAMBRIDGE MA 02142
Larry Weber	director	C/O MIVA, INC., 5220 SUMMERLIN COMMONS BLVD., SUITE 500, FORT MYERS FL 33907
Douglas I Kra	officer: SVP, Global Customer Success	101 MAIN STREET, C/O PEGASYSTEMS INC., CAMBRIDGE MA 02142
Hayden Stafford	officer: President	ONE ROGERS STREET, CAMBRIDGE MA 02142
Peter Gyenes	director	50 WASHINGTON ST, WESBOROUGH MA 012581
Alan Trefler	10 percent owner, officer: C.E.O. & Chairman	C/O PEGASYSTEMS INC, 101 MAIN STREET, CAMBRIDGE MA 02142