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Domo (DOMO) Momentum Rank : 5 (As of Apr. 25, 2024)


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What is Domo Momentum Rank?

Domo 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 Domo's Momentum Rank

For the Software - Application subindustry, Domo'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.


Domo's Momentum Rank Distribution in the Software Industry

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

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



Domo Momentum Rank Related Terms

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


Domo (DOMO) Business Description

Traded in Other Exchanges
Address
772 East Utah Valley Drive, American Fork, UT, USA, 84003
Domo Inc provides a cloud-based platform that digitally connects all the data, systems and people in an organization, giving them access to real-time data and insights and allowing them to manage their business from their smartphones. The company offers a platform to its customers as a subscription-based service. Users receive notifications on any device and immediately act on the invitation, after which the system can write back to the original system of record. The company derives revenue from subscriptions to its cloud-based platform and professional services.
Executives
Daren Thayne officer: CTO & EVP Engineering C/O DOMO, INC., 772 EAST UTAH VALLEY DRIVE, AMERICAN FORK UT 84003
Joshua G James 10 percent owner 550 E TIMPANOGOS CIRCLE, OREM UT 84057
Daniel Daniel David Iii director 772 UTAH VALLEY DRIVE, AMERICAN FORK UT 84003
Carine S. Clark director 772 UTAH VALLEY DRIVE, AMERICAN FORK UT 84003
Jeff Kearl director C/O SKULLCANDY, INC., 1441 WEST UTE BLVD., SUITE 250, PARK CITY UT 84908
John R Pestana director C/O DOMO, INC., 772 EAST UTAH VALLEY DRIVE, AMERICAN FORK WA 84003
David R Jolley officer: Chief Financial Officer C/O DOMO, INC., 722 EAST UTAH VALLEY DRIVE, AMERICAN FORK UT 84003
Renee Soto director C/O DOMO, INC., 772 EAST UTAH VALLEY DRIVE, AMERICAN FORK UT 84003
Dan Strong director C/O CONTROL4 CORPORATION, 11734 S. ELECTION ROAD, SALT LAKE CITY UT 84020
Catherine Wong officer: CPO, EVP of Engineering C/O DOMO, INC., 772 EAST UTAH VALLEY DRIVE, AMERICAN FORK UT 84003
Felt Bruce C. Jr. officer: Chief Financial Officer C/O SUCCESSFACTORS, INC., 1500 FASHION ISLAND BLVD., SUITE 300, SAN MATEO CA 94404
John M Mellor officer: CEO C/O DOMO, INC., 772 EAST UTAH VALLEY DRIVE, AMERICAN FORK UT 84003
Joy Driscoll Durling director 772 UTAH VALLEY DRIVE, AMERICAN FORK UT 84003
Brown Laurence B Jr director C/O SKULLCANDY, INC., 1441 WEST UTE BOULEVARD, SUITE 250, PARK CITY UT 84098
Dana L Evan director 550 EAST TIMPANOGOS CIRCLE, *, OREM UT 84097