8x8 (EGHT) Momentum Rank

: 7 (As of Today)

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8x8 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

For the Software - Application subindustry, 8x8'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.

8x8 Momentum Rank Distribution

For the Software industry and Technology sector, 8x8's Momentum Rank distribution charts can be found below:

* The bar in red indicates where 8x8's Momentum Rank falls into.

8x8 Momentum Rank Related Terms

Thank you for viewing the detailed overview of 8x8's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

8x8 (EGHT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » 8x8 Inc (NAS:EGHT) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

EGT:Germany EGT:Germany

Address

675 Creekside Way, Campbell, CA, USA, 95008

Website

https://www.8x8.com

8x8 Inc provides contact-center-as-a-service and unified-communications-as-a-service software applications to approximately 2.5 million users. The company's unified platform enables omnichannel communication to assist employees in communicating across voice, video, text, chat, and contact centers. Geographically, it derives a majority of revenue from the United States.

Executives

Kevin Kraus	officer: Interim Chief Financial Off.	C/O 8X8 INC 675 CREEKSIDE WAY, CAMPBELL CA 95008
Suzy M Seandel	officer: Chief Accounting Officer	C/O 8X8 INC. 675 CREEKSIDE WAY, CAMPBELL CA 95008
Samuel C. Wilson	officer: Chief Financial Officer	C/O 8X8 INC, 675 CREEKSIDE WAY, CAMPBELL CA 95008
Laurence Denny	officer: Chief Legal Officer	C/O 8X8 INC 675 CREEKSIDE WAY, CAMPBELL CA 95008
Hunter Middleton	officer: Chief Product Officer	C/O 8X8 INC 675 CREEKSIDE WAY, CAMPBELL CA 95008
Elizabeth Harriet Theophille	director	26 FURFELDERSTRASSE, RIEHEN V8 4125
Daniel Patrick Gibson	10 percent owner	400 FAIRVIEW AVENUE NORTH, SUITE 1200, SEATTLE WA 98109
Sylebra Capital Ltd	10 percent owner	28 HENNESSY ROAD, 20TH FLOOR, WAN CHAI, HONG KONG K3 00000
Eric Salzman	director	C/O 8X8 INC., 675 CREEKSIDE WAY, CAMPCALL CA 95008
Matthew Zinn	officer: SVP-GC,Secretary and CPO	2160 GOLD STREET, ALVISO CA 95002
David Sipes	officer: Chief Executive Officer	1400 FASHION ISLAND BLVD.,, SUITE 7TH FLOOR, SAN MATEO CA 94404
Stephanie Garcia	officer: Chief Human Resources Officer	C/O 8X8 INC 675 CREEKSIDE WAY, CAMPBELL CA 95008
Dejan Deklich	officer: Chief Product Officer	2125 O'NEL DR., SAN JOSE CA 95131
Germaine Cota	officer: Chief Accting Off./Treasurer	675 CREEKSIDE DRIVE, CAMPBELL CA 95008
Bryan R Martin	director, officer: Chief Executive Officer	C/O 8X8 INC, 3151 JAY STREET, SANTA CLARA CA 95054