GURUFOCUS.COM » STOCK LIST » Technology » Software » Rapid7 Inc (NAS:RPD) » Definitions » Momentum Rank

Rapid7 (Rapid7) Momentum Rank : 7 (As of May. 11, 2024)


View and export this data going back to 2015. Start your Free Trial

What is Rapid7 Momentum Rank?

Rapid7 has the Momentum Rank of 7.

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 Rapid7's Momentum Rank

For the Software - Infrastructure subindustry, Rapid7'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.


Rapid7's Momentum Rank Distribution in the Software Industry

For the Software industry and Technology sector, Rapid7's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Rapid7's Momentum Rank falls into.



Rapid7 Momentum Rank Related Terms

Thank you for viewing the detailed overview of Rapid7's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


Rapid7 (Rapid7) Business Description

Traded in Other Exchanges
Address
120 Causeway Street, Boston, MA, USA, 02114
Founded in 2000, Rapid7 is a cybersecurity company that began providing vulnerability management solutions. It has, however, expanded its portfolio to provide extended detection and response, or XDR; security information and event management, or SIEM; cloud security, threat intelligence, and application security; and security orchestration, automation, and response, or SOAR. The Boston-based company went public in 2015.
Executives
Andrew F. Burton officer: Chief Operating Officer 500 UNICORN PARK DRIVE, WOBURN MA 01801
Marc Evan Brown director C/O RAPID7, INC., 100 SUMMER STREET, BOSTON MA 02110
Thomas Corey E. director, officer: President and CEO C/O RAPID7, INC., 100 SUMMER STREET, BOSTON MA 02110
Timothy M Adams officer: Chief Financial Officer 311 ARSENAL STREET, WATERTOWN MA 02472
Thomas E Schodorf director C/O SPLUNK INC, 250 BRANNAN STREET, SAN FRANCISCO CA 94107
Christina Luconi officer: Chief People Officer C/O RAPID7, INC., 100 SUMMER STREET, BOSTON MA 02110
Peter Kaes officer: SVP, General Counsel C/O RAPID7, INC., 100 SUMMER STREET, BOSTON MA 02110
Benjamin Holzman director, 10 percent owner C/O BAIN CAPITAL VENTURES, 335 BRYANT STREET, PALO ALTO CA 94301
Jeffrey Kalowski officer: Chief Financial Officer 10 MAGUIRE ROAD, BUILDING 1, SUITE 125, LEXINGTON MA 02421
Lee David Weiner officer: Chief Product Officer C/O RAPID7, INC., 100 SUMMER STREET, BOSTON MA 02110
Michael J Berry director C/O INFORMATICA CORPORATION, 2100 SEAPORT BOULEVARD, REDWOOD CITY CA 94063
Judy Bruner director C/O SANDISK CORPORATION, 601 MCCARTHY BLVD., MILPITAS CA 95035
Reeny Sondhi director C/O RAPID7, INC., 120 CAUSEWAY STREET, BOSTON MA 02114
Christina Kosmowski director C/O RAPID7, INC., 120 CAUSEWAY STREET, BOSTON MA 02114
Timothy P Mcadam director, 10 percent owner, other: May be part of a 13(d) group 250 MIDDLEFIELD RD, MENLO PARK CA 94025