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Phunware (Phunware) Momentum Rank : 5 (As of May. 22, 2024)


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What is Phunware Momentum Rank?

Phunware has the Momentum Rank of 5.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.


Competitive Comparison of Phunware's Momentum Rank

For the Software - Application subindustry, Phunware's Momentum Rank, along with its competitors' market caps and Momentum Rank 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.


Phunware's Momentum Rank Distribution in the Software Industry

For the Software industry and Technology sector, Phunware's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Phunware's Momentum Rank falls into.



Phunware Momentum Rank Related Terms

Thank you for viewing the detailed overview of Phunware's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


Phunware (Phunware) Business Description

Traded in Other Exchanges
Address
1002 West Avenue, Austin, TX, USA, 78701
Phunware Inc is a software company. It is a Multiscreen as a Service (MaaS) integrated enterprise software platform for mobile that provides companies with the products, solutions, and data and services necessary to engage, manage and monetize its mobile application audiences. The company's segments include Phunware and Lyte. It generates maximum revenue from the Lyte segment.
Executives
Michael Snavely officer: Chief Revenue Officer 3 CRABAPPLE COURT, AUSTIN TX 78738
Eric Manlunas director 7800 SHOAL CREEK BLVD., SUITE 230-S, AUSTIN TX 78757
Troy Lee Reisner officer: Chief Financial Officer 8374 RAPHAEL LANE, LITTLETON CO 80125
Ryan Costello director 934 GARLINGTON CIRCLE, WEST CHESTER PA 19380
Alan S Knitowski director, officer: Chief Executive Officer 2 SAN JOAQUIN PLAZA, SUITE 240, NEWPORT BEACH CA 92660
Russell C Buyse director 1136 ELDER CIR, AUSTIN TX 78733
Stephen Chen director 29 GLEN ROAD, WESTBURY NY 11590
Matthew K. Lull officer: Chief Cryptocurrency Officer 1279 W. PALMETTO PARK ROAD, UNIT # 272762, BOCA RATON FL 33486
Christopher D. Olive officer: Chief Legal Officer 4316 LIVELY LANE, DALLAS TX 75220
Rahul Mewawalla director 265 TURNER DRIVE, DURANGO CO 80202
Blythe Masters director 1601 ELM STREET, SUITE 800, DALLAS TX 75201
Matt Aune officer: Chief Financial Officer C/O PHUNWARE INC, 7800 SHOAL CREEK BLVD SUITE 230-S, AUSTIN TX 78757
Lori Tauber Marcus director C/O THE CHILDREN'S PLACE, 500 PLAZA DRIVE, SECAUCUS NJ 07094
Randall Crowder director, officer: Chief Operating Officer C/O PHUNWARE INC, 7800 SHOAL CREEK BLVD SUITE 230-S, AUSTIN TX 78757
Kathy Mayor director C/O PHUNWARE INC, 7800 SHOAL CREEK BLVD SUITE 230-S, AUSTIN TX 78757