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Stem (STEM) 6-1 Month Momentum % : -37.22% (As of Apr. 26, 2024)


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What is Stem 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 (2024-04-26), Stem's 6-1 Month Momentum % is -37.22%.

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

STEM's 6-1 Month Momentum % is ranked worse than
90.99% of 2807 companies
in the Software industry
Industry Median: 6.02 vs STEM: -37.22

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

For the Software - Infrastructure subindustry, Stem'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.


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

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

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



Stem  (NYSE:STEM) 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.


Stem  (NYSE:STEM) 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.


Stem 6-1 Month Momentum % Related Terms

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Stem (STEM) Business Description

Industry
Traded in Other Exchanges
Address
100 California Street, 14th Floor, San Francisco, CA, USA, 94111
Stem is a provider of energy storage systems. The company bundles third-party hardware with its proprietary Athena software to provide customers a turnkey solution. Stem sells its solutions to commercial and industrial customers as well as independent power producers and renewable developers. Its solutions help customers maximize renewable energy generation and help build a cleaner and more resilient grid. In 2022, the company acquired AlsoEnergy, a provider of solar asset management software.
Executives
Rahul Shukla officer: Chief Accounting Officer 100 CALIFORNIA STREET, SAN FRANCISCO CA 94111
Michael James Carlson officer: Chief Operating Officer 100 CALIFORNIA STREET, SAN FRANCISCO CA 94111
David S Buzby director
Alan Russo officer: Chief Revenue Officer 100 ROLLINS ROAD, MILLBRAE CA 94030
Matthew Tappin officer: President, Asset Management 100 CALIFORNIA STREET, 14TH FLOOR, SAN FRANCISCO CA 94111
Lisa L Troe director 12181 BLUFF CREEK DRIVE, 4TH FLOOR, LOS ANGELES CA 90094
Saul R. Laureles officer: Chief Legal Officer 5599 SAN FELIPE, 17TH FLOOR, HOUSTON TX 77056
John Eugene Carrington director, officer: CEO and Director 350 WEST WASHINGTON STREET, SUITE 600, TEMPE AZ 85281
William John Bush officer: Chief Financial Officer 539 BRYANT STREET, SUITE 403, SAN FRANCISCO CA 94107
Kim Homenock officer: Chief People Officer 100 CALIFORNIA STREET, SAN FRANCISCO CA 94111
Robert Schaefer officer: President, AlsoEnergy 100 CALIFORNIA STREET, SAN FRANCISCO CA 94111
Larsh Johnson officer: Chief Technical Officer 100 ROLLINS RD, MILLBRAE CA 94030
Prakesh Patel officer: Chief Strategy Officer 100 ROLLINS ROAD, MILLBRAE CA 94030
Adam Daley director C/O MAGNETAR CAPITAL LLC, 1603 ORRINGTON AVENUE, 13TH FLOOR, EVANSTON IL 60201
Anil Tammineedi director 100 ROLLINS RD, MILLBRAE CA 94030