Rimini Street (Rimini Street) Momentum Rank : 8 (As of Apr. 24, 2024)

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What is Rimini Street Momentum Rank?

Rimini Street has the Momentum Rank of 8.

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 Rimini Street's Momentum Rank

For the Software - Application subindustry, Rimini Street'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.

Rimini Street's Momentum Rank Distribution in the Software Industry

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

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

Rimini Street Momentum Rank Related Terms

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

Rimini Street (Rimini Street) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Rimini Street Inc (NAS:RMNI) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

0QH:Germany

Address

3993 Howard Hughes Parkway, Suite 500, Las Vegas, NV, USA, 89169

Website

https://www.riministreet.com

Rimini Street Inc is a provider of enterprise software support products and services and the third-party support provider for Oracle and SAP software products based in the United States. Some of its products include Oracle E-business suite, Oracle Retail, Peoplesoft, SAP business suite, and Agile PLM, which are offered to various industries, including manufacturing, public sector companies, retail, and education.

Executives

Seth A. Ravin	director, 10 percent owner, officer: CEO and Chairman of the Board	3993 HOWARD HUGHES PARKWAY, SUITE 780, LAS VEGAS NV 89169
Michael L. Perica	officer: EVP & Chief Financial Officer	C/O 3993 HOWARD HUGHES PARKWAY, SUITE 500, LAS VEGAS NV 89169
Steven Salaets	officer: CIO/CPO EVP GlSec/Facl/Qual/IA	C/O 3993 HOWARD HUGHES PARKWAY, LAS VEGAS NV 89169
Nancy Lyskawa	officer: SVP Global Client Onboarding	3993 HOWARD HUGHES PARKWAY, SUITE 780, LAS VEGAS NV 89169
Kevin Maddock	officer: SVP, Global Sales	3993 HOWARD HUGHES PARKWAY, SUITE 780, LAS VEGAS NV 89169
David W. Rowe	officer: SVP & CMO	3993 HOWARD HUGHES PARKWAY, SUITE 780, LAS VEGAS NV 89169
Sebastian Grady	officer: President	3993 HOWARD HUGHES PARKWAY, SUITE 780, LAS VEGAS NV 89169
Brian Slepko	officer: SVP, Global Service Delivery	3993 HOWARD HUGHES PARKWAY, SUITE 780, LAS VEGAS NV 89169
Gerard Brossard	officer: Chief Operating Officer	1170 PEACHTREE STREET, ATLANTA GA 30309
Jay G Snyder	director	C/O 3993 HOWARD HUGHES PARKWAY, SUITE 500, LAS VEGAS NV 89169
Katrinka Mccallum	director	139 TOWNSEND ST, SAN FRANCISCO CA 94107
Gpiac, Llc	10 percent owner	C/O GP INVESTMENTS ACQUISITION CORP., 150 E. 52ND STREET, SUITE 5003, NEW YORK NY 10022
Daniel B. Winslow	officer: SVP & General Counsel	3993 HOWARD HUGHES PARKWAY, SUITE 780, LAS VEGAS NV 89169
Adams Street Partners Llc	10 percent owner	ONE NORTH WACKER DRIVE, STE 2700, CHICAGO IL 60606-2807
Robin P. Murray	director, 10 percent owner	3993 HOWARD HUGHES PARKWAY, SUITE 780, LAS VEGAS NV 89169