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Dell-VMWare Tracking Stock 6-1 Month Momentum %

: 24.60% (As of Today)
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6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2022-08-10), Dell-VMWare Tracking Stock's 6-1 Month Momentum % is 24.60%.

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

DVMT's 6-1 Month Momentum % is not ranked
in the Software industry.
Industry Median: -20.82 vs DVMT: 24.60

Competitive Comparison

For the Software - Infrastructure subindustry, Dell-VMWare Tracking Stock'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.

   

Dell-VMWare Tracking Stock 6-1 Month Momentum % Distribution

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

* The bar in red indicates where Dell-VMWare Tracking Stock's 6-1 Month Momentum % falls into.



Dell-VMWare Tracking Stock  (NYSE:DVMT) 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.


Dell-VMWare Tracking Stock  (NYSE:DVMT) 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.


Dell-VMWare Tracking Stock 6-1 Month Momentum % Related Terms

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


Dell-VMWare Tracking Stock Business Description

Dell-VMWare Tracking Stock logo
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
Rothberg Richard J officer: General Counsel & Secretary ONE DELL WAY ROUND ROCK TX 78682
Scannell William F officer: President, Global Sales EMC CORPORATION 176 SOUTH STREET HOPKINTON MA 01748
Sweet Thomas W officer: Chief Financial Officer ONE DELL WAY ROUND ROCK TX 78682
Elias Howard D officer: President, Services & Digital C/O EMC CORPORATION 176 SOUTH STREET HOPKINTON MA 01748
Kullman Ellen Jamison director UNITED TECHNOLOGIES CORP 10 FARM SPRINGS ROAD FARMINGTON CT 06032
Green William D director C/O ACCENTURE 161 N CLARK STREET CHICAGO IL 60601
Vojvodich Lynn M director C/O THE PRICELINE GROUP INC. 800 CONNECTICUT AVENUE NORWALK CT 06854
Dorman David W director CVS HEALTH. ONE CVS DRIVE WOONSOCKET RI 02895
Clarke Jeffrey W officer: COO & Vice Chairman C/O DELL INC. ONE DELL WAY ROUND ROCK TX 78682
Dew Allison officer: Chief Marketing Officer C/O DELL TECHNOLOGIES INC. ONE DELL WAY ROUND ROCK TX 78682
Price Steven H officer: Chief Human Resources Officer ONE DELL WAY ROUND ROCK TX 78682
Quintos Karen H officer: Chief Customer Officer ONE DELL WAY ROUND ROCK TX 78682
Read Rory P officer: Chief Operating Executive ONE DELL WAY ROUND ROCK TX 78682
Dell Michael S director, 10 percent owner, officer: Chief Executive Officer C/O DELL INC. ONE DELL WAY ROUND ROCK TX 78682-2244
Rios Brunilda officer: Chief Accounting Officer C/O DELL TECHNOLOGIES INC. ONE DELL WAY ROUND ROCK TX 78682
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