Smartsheet (Smartsheet) 6-1 Month Momentum % : -4.81% (As of May. 13, 2024)

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What is Smartsheet 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 (2024-05-13), Smartsheet's 6-1 Month Momentum % is -4.81%.

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

SMAR's 6-1 Month Momentum % is ranked worse than
60.33% of 2811 companies
in the Software industry
Industry Median: 2.7 vs SMAR: -4.81

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

For the Software - Application subindustry, Smartsheet'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.

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

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

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

Smartsheet (NYSE:SMAR) 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.

Smartsheet (NYSE:SMAR) 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.

Smartsheet 6-1 Month Momentum % Related Terms

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Smartsheet (Smartsheet) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Smartsheet Inc (NYSE:SMAR) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

3SE:Germany 3SE:Germany

Address

500 108th Avenue North East, Suite 200, Bellevue, WA, USA, 98004

Website

https://www.smartsheet.com

Smartsheet is a provider of collaborative work management software delivered via a cloud-based, software-as-a-service model. The firm's solution offers scalable, dynamic tools to improve the efficiency of project and process management across countless use cases. Smartsheet's offering supports workflow management across teams, provides real-time visibility into projects, and reporting and automation capabilities. The firm generates revenue via software subscriptions on a per-user basis, and incremental charges for added platform capabilities.

Executives

Jolene Lau Marshall	officer: Chief Legal Officer	C/O SMARTSHEET INC., 10500 NE 8TH STREET, #1, BELLEVUE WA 98004
Michael Arntz	officer: Chief Revenue Officer	C/O SMARTSHEET INC., 10500 NE 8TH ST, STE 1300, BELLEVUE WA 98004
Pete Godbole	officer: CFO & Treasurer	C/O SMARTSHEET INC., 10500 NE 8TH ST. #1, BELLEVUE WA 98004
Alissa Jamese Abdullah	director	C/O SMARTSHEET INC., 10500 NE 8TH ST. #1300, BELLEVUE WA 98004
Mark Patrick Mader	director, officer: President and CEO	3514 45TH AVE NE, SEATTLE WA 98105
James N White	director	755 PAGE MILL ROAD, SUITE A-200, PALO ALTO CA 94304-1005
Geoffrey T Barker	director	1 MARKET PLAZA, STEUART TOWER, SUITE 800, SAN FRANCISCO CA 94105
Khozema Shipchandler	director	C/O PIVOTAL SOFTWARE, INC., 875 HOWARD STREET, FIFTH FLOOR, SAN FRANCISCO CA 94103
Michael P Gregoire	director	C/O CA, INC., ONE CA PLAZA, ISLANDIA NY 11749
Stephen Robert Branstetter	officer: Chief Operating Officer	C/O SMARTSHEET INC., 10500 NE 8TH STREET, #1, BELLEVUE WA 98004
Elena Gomez	director	TOAST, INC., 401 PARK DRIVE, BOSTON MA 02215
Megan Hansen	officer: Chief People & Culture Officer	C/O SMARTSHEET INC., 10500 NE 8TH ST. #1300, BELLEVUE WA 98004
Dennis M Durkin	director	C/O ACTIVISION BLIZZARD, INC., 3100 OCEAN PARK BLVD, SANTA MONICA CA 90405
Andrew Lee Bennett	officer: Chief Marketing Officer	C/O SMARTSHEET INC., 10500 NE 8TH STREET, #1, BELLEVUE WA 98004
Matthew S Mcilwain	director	1000 SECOND AVENUE, SUITE 3700, SEATTLE WA 98104