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CFLT (Confluent) 6-1 Month Momentum % : 52.31% (As of Mar. 24, 2025)


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What is Confluent 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 (2025-03-24), Confluent's 6-1 Month Momentum % is 52.31%.

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

CFLT's 6-1 Month Momentum % is ranked better than
82.98% of 2796 companies
in the Software industry
Industry Median: 3.5 vs CFLT: 52.31

Competitive Comparison of Confluent's 6-1 Month Momentum %

For the Software - Infrastructure subindustry, Confluent'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.


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

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

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



Confluent  (NAS:CFLT) 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.


Confluent  (NAS:CFLT) 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.


Confluent 6-1 Month Momentum % Related Terms

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


Confluent Business Description

Traded in Other Exchanges
Address
899 West Evelyn Avenue, Mountain View, CA, USA, 94041
Confluent Inc provides a data streaming platform that enables customers to connect their applications, systems, and data layers and can be deployed as a fully managed cloud-native software-as-a-service (SaaS) offering. Its products include Confluent Cloud, a self-managed software offering, Confluent Platform, a managed service offering where the raw data resides inside a customer's cloud environment, and WarpStream, among others. Confluent also offers professional services and education services. The company generates revenue from the sale of subscriptions and services. Geographically, it generates a majority of its revenue from its business in the United States and the rest from International markets.
Executives
Edward Jay Kreps director, 10 percent owner, officer: Chief Executive Officer C/O CONFLUENT, INC., 899 W. EVELYN AVENUE, MOUNTAIN VIEW CA 94041
Erica Schultz officer: President, Field Operations C/O NEW RELIC, INC., 188 SPEAR STREET, STE. 1200, SAN FRANCISCO CA 94105
Rohan Sivaram officer: Chief Financial Officer C/O CONFLUENT, INC., 899 W. EVELYN AVENUE, MOUNTAIN VIEW CA 94041
Neha Narkhede director C/O CONFLUENT, INC., 899 W EVELYN AVENUE, MOUNTAIN VIEW CA 94041
Jonathan Chadwick director 3401 HILLVIEW AVENUE, PALO ALTO CA 94304
Michelangelo Volpi director C/O HORTONWORKS, INC., 3640 W. BAYSHORE RD., PALO ALTO CA 94303
Eric Vishria director, 10 percent owner 2965 WOODSIDE ROAD, WOODSIDE CA 94062
Matthew Craig Miller director, 10 percent owner 2800 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Lara Caimi director C/O CONFLUENT, INC., 899 W EVELYN AVENUE, MOUNTAIN VIEW CA 94041
Stephanie Buscemi officer: Chief Marketing Officer C/O IHS INC., 15 INVERNESS EAST WAY, ENGLEWOOD CO 80107
Chad Verbowski officer: SVP of Engineering C/O CONFLUENT, INC., 899 W. EVELYN AVENUE, MOUNTAIN VIEW CA 94041
Ying Christina Liu officer: Chief Accounting Officer C/O ZENDESK, INC., 1019 MARKET STREET, SAN FRANCISCO CA 94103
Steffan Tomlinson officer: Chief Financial Officer PALO ALTO NETWORKS, INC., 3300 OLCOTT STREET, SANTA CLARA CA 95054
Sequoia Capital Fund, L.p. 10 percent owner 2800 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Index Ventures Vii Parallel Entrepreneur Fund (jersey), L.p. 10 percent owner C/O EFG WEALTH SOLUTIONS (JERSEY) LTD, NO. 1 SEATON PLACE, ST. HELIER Y9 JE4 8YJ