PDYN (Palladyne AI) 6-1 Month Momentum % : 17.98% (As of Dec. 11, 2024)

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What is Palladyne AI 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 (2024-12-11), Palladyne AI's 6-1 Month Momentum % is 17.98%.

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

PDYN's 6-1 Month Momentum % is ranked better than
67.9% of 2801 companies
in the Software industry
Industry Median: 0.07 vs PDYN: 17.98

Competitive Comparison of Palladyne AI's 6-1 Month Momentum %

For the Software - Infrastructure subindustry, Palladyne AI'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.

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

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

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

Palladyne AI (NAS:PDYN) 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.

Palladyne AI (NAS:PDYN) 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.

Palladyne AI 6-1 Month Momentum % Related Terms

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Palladyne AI Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Palladyne AI Corp (NAS:PDYN) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

N/A

Address

650 South 500 West, Suite 150, Salt Lake City, UT, USA, 84101

Website

https://www.palladyneai.com

Palladyne AI Corp is a software company focused on autonomy for robotic systems. Its artificial intelligence and machine learning software seeks to revolutionize the capabilities of robots, enabling them to observe, learn, reason, and act in a manner akin to human intelligence. AI and ML software platform empowers robots to perceive variations or changes in the real-world environment, enabling them to autonomously maneuver and manipulate objects accurately in response. Palladyne AI software has wide application, including in industries such as automotive, aviation, construction, defense, general manufacturing, infrastructure inspection, logistics and warehousing.

Executives

Benjamin G Wolff	director, 10 percent owner, officer: President & CEO	2300 CARILLON POINT, KIRKLAND WA 98033
Dennis M Weibling	director	2300 CARILLON POINT, KIRKLAND WA 98033
Denis Garagic	officer: Chief Technology Officer	650 SOUTH 500 WEST, SALT LAKE CITY UT 84101
Brian D Finn	director	C/O BLACKROCK KELSO CAPITAL CORPORATION, 40 EAST 52ND STREET, NEW YORK NY 10022
Matthew Vogt	officer: Chief Revenue Officer	C/O SARCOS TECHNOLOGY AND ROBOTICS CORP, 650 SOUTH 500 WEST, SUITE 150, SALT LAKE CITY UT 84101
Stephen Sonne	officer: Chief Legal Officer	C/O SARCOS TECHNOLOGY & ROBOTICS CORP, 650 SOUTH 500 WEST, SUITE 150, SALT LAKE CITY UT 84101
Andrew Hamer	officer: Chief Financial Officer	777 MARINERS ISLAND BLVD, SAN MATEO CA 94404
Jorgen Pedersen	officer: Chief Operating Officer	650 SOUTH 500 WEST, SUITE 150, SALT LAKE CITY UT 84101
Kiva A. Allgood	director, officer: President & CEO	C/O SYNAPTICS INCORPORATED, 1251 MCKAY DRIVE, SAN JOSE CA 95131
Fraser Smith	10 percent owner, officer: Chief Innovation Officer	360 WAKARA WAY, SALT LAKE CITY UT 84108
Marc Olivier	10 percent owner	360 WAKARA WAY, SALT LAKE CITY UT 84108
Steven Q. Hansen	officer: Chief Financial Officer	360 WAKARA WAY, SALT LAKE CITY UT 84108
Matthew Shigenobu Muta	director	360 WAKARA WAY, SALT LAKE CITY UT 84108
Priya Balasubramaniam	director	360 WAKARA WAY, SALT LAKE CITY UT 84108
Kristi Martindale	officer: EVP, Ch. Product & Market Off	360 WAKARA WAY, SALT LAKE CITY UT 84108