Check Point Software Technologies (WBO:CHKP) 6-1 Month Momentum %

: 19.42% (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), Check Point Software Technologies's 6-1 Month Momentum % is 19.42%.

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

WBO:CHKP's 6-1 Month Momentum % is ranked better than
72.36% of 2800 companies
in the Software industry
Industry Median: 2.135 vs WBO:CHKP: 19.42

Competitive Comparison

For the Software - Infrastructure subindustry, Check Point Software Technologies'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.

Check Point Software Technologies 6-1 Month Momentum % Distribution

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

* The bar in red indicates where Check Point Software Technologies's 6-1 Month Momentum % falls into.

Check Point Software Technologies (WBO:CHKP) 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.

Check Point Software Technologies (WBO:CHKP) 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.

Check Point Software Technologies 6-1 Month Momentum % Related Terms

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Check Point Software Technologies (WBO:CHKP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Check Point Software Technologies Ltd (WBO:CHKP) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

CHKP:USA CHKPN:Mexico CPW:Germany

Address

5 Shlomo Kaplan Street, Tel Aviv, ISR, 6789159

Website

https://www.checkpoint.com

Check Point Software Technologies is a pure-play cybersecurity vendor. The company offers solutions for network, endpoint, cloud, and mobile security in addition to security management. Check Point, a software specialist, sells to enterprises, businesses, and consumers. Around 50% of revenue is generated in Europe, the Middle East, and Africa, 40% from the Americas, and 10% from the Asia-Pacific region. The firm, based in Tel Aviv, Israel, was founded in 1993 and has about 5,000 employees.