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ServiceNow (ServiceNow) 6-1 Month Momentum %

: 30.86% (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 (2024-04-18), ServiceNow's 6-1 Month Momentum % is 30.86%.

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

NOW's 6-1 Month Momentum % is ranked better than
79.36% of 2800 companies
in the Software industry
Industry Median: 2.135 vs NOW: 30.86

Competitive Comparison

For the Software - Application subindustry, ServiceNow'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.


ServiceNow 6-1 Month Momentum % Distribution

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

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



ServiceNow  (NYSE:NOW) 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.


ServiceNow  (NYSE:NOW) 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.


ServiceNow 6-1 Month Momentum % Related Terms

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ServiceNow (ServiceNow) Business Description

Address
2225 Lawson Lane, Santa Clara, CA, USA, 95054
ServiceNow Inc provides software solutions to structure and automate various business processes via a SaaS delivery model. The company primarily focuses on the IT function for enterprise customers. ServiceNow began with IT service management, expanded within the IT function, and more recently directed its workflow automation logic to functional areas beyond IT, notably customer service, HR service delivery, and security operations. ServiceNow also offers an application development platform as a service.
Executives
Paul Edward Chamberlain director C/O VEEVA SYSTEMS INC., 4280 HACIENDA DRIVE, PLEASANTON CA 94588
Paul John Smith officer: Chief Commercial Officer 2225 LAWSON LANE, SANTA CLARA CA 95054
Chirantan Jitendra Desai officer: Chief Product Officer C/O ZEBRA TECHNOLOGIES CORPORATION, LINCOLNSHIRE IL 60069
Christopher Bedi officer: Chief Information Officer 2225 LAWSON LANE, SANTA CLARA CA 95054
Gina Mastantuono officer: Chief Financial Officer 237 PARK AVENUE, 14TH FLOOR, NEW YORK NY 10017
Russell S Elmer officer: General Counsel
Jacqueline P Canney officer: Chief People Officer 702 SW 8TH STREET, BENTONVILLE AR 72716
Nicholas Tzitzon officer: Chief Strat & Corp Affairs Ofc 2225 LAWSON LANE, SANTA CLARA CA 95054
Anita M Sands director 350 ELLIS STREET, MOUNTAIN VIEW CA 94043
Lawrence Jackson director 2225 LAWSON LANE, SANTA CLARA CA 95054
Frederic B Luddy director, 10 percent owner, officer: CHIEF PRODUCT OFFICER
Teresa Briggs director 2225 LAWSON LANE, SANTA CLARA CA 95054
Kevin Thomas Mcbride officer: Principal Accounting Officer 2200 MISSION COLLEGE BLVD, SANTA CLARA CA 95054
Lara Caimi officer: Chief Customer & Partner Ofc C/O CONFLUENT, INC., 899 W EVELYN AVENUE, MOUNTAIN VIEW CA 94041
Deborah Black director 2225 LAWSON LANE, SANTA CLARA CA 95054

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