What is SailPoint Technologies Holdings 12-1 Month Momentum %?
12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-05-12), SailPoint Technologies Holdings's 12-1 Month Momentum % is 46.11%.
SAIL's 12-1 Month Momentum % is not ranked
in the Software industry.
Industry Median: -5.115
vs SAIL: 46.11
Competitive Comparison of SailPoint Technologies Holdings's 12-1 Month Momentum %
For the Software - Infrastructure subindustry, SailPoint Technologies Holdings's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 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.
SailPoint Technologies Holdings's 12-1 Month Momentum % Distribution in the Software Industry
For the Software industry and Technology sector, SailPoint Technologies Holdings's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where SailPoint Technologies Holdings's 12-1 Month Momentum % falls into.
* 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.
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 12-1 Month Momentum % measures the total return to a stock over the past twelve 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.
SailPoint Technologies Holdings 12-1 Month Momentum % Related Terms
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SailPoint Technologies Holdings (SailPoint Technologies Holdings) Business Description
SailPoint Technologies Holdings Inc is an us-based company that acts as a provider of enterprise identity governance solutions. It mainly designs, develops, and markets identity governance software that helps organizations govern user access to critical systems and data. The company offers on-premises software and cloud-based solutions, which provide organizations with the intelligence required to empower users and govern their access to applications and data across hybrid IT (Information Technology) environments, whether comprised of on-premises, cloud or mobile applications. The company markets its products and services throughout North America, Europe, and the Asia Pacific regions. Most of the company's revenue comes from the United States.
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