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Appgate (Appgate) 6-1 Month Momentum % : 18.57% (As of May. 08, 2024)


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What is Appgate 6-1 Month Momentum %?

6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-05-08), Appgate's 6-1 Month Momentum % is 18.57%.

The industry rank for Appgate's 6-1 Month Momentum % or its related term are showing as below:

APGT's 6-1 Month Momentum % is not ranked
in the Software industry.
Industry Median: 1.73 vs APGT: 18.57

Competitive Comparison of Appgate's 6-1 Month Momentum %

For the Software - Infrastructure subindustry, Appgate's 6-1 Month Momentum %, along with its competitors' market caps and 6-1 Month Momentum % 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.

Appgate's 6-1 Month Momentum % Distribution in the Software Industry

For the Software industry and Technology sector, Appgate's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Appgate's 6-1 Month Momentum % falls into.


Appgate  (OTCPK:APGT) 6-1 Month Momentum % Calculation

6-1 Month Momentum % is calculated as following:

6-1 Month Momentum %=( Price 1-month ago / Price 6-month ago - 1 ) * 100 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Appgate  (OTCPK:APGT) 6-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 6-1 Month Momentum % measures the total return to a stock over the past six months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.

Appgate 6-1 Month Momentum % Related Terms

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Appgate (Appgate) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Appgate Inc (OTCPK:APGT) » Definitions » 6-1 Month Momentum %
Comparable Companies
AASP SDON GPLB ANSU JRVS ASKH DHCC RMDM ECMT YTFD TJBH CCXX CCX FPAC VTIQ FEAC SPAQ CCH CPAA LSE:EVRA
Traded in Other Exchanges
N/A
Address
2333 Ponce De Leon Boulevard, Suite 900, Coral Gables, FL, USA, 33134
Website
https://www.appgate.com
Appgate Inc is a secure access company that provides cybersecurity solutions for people, devices, and systems based on the principles of Zero Trust security. Through a set of differentiated cloud and hybrid security products, it enables enterprises to effectively shield themselves against cyber threats. Its products and services include Software-Defined Perimeter, Risk-Based Authentication, Digital Threat Protection, and Threat Advisory Services.
Executives
Jonathan J Ledecky director, 10 percent owner, officer: President C/O THE LEDECKY FOUNDATION, 901 - 15TH STREET, NW, SUITE 950, WASHINGTON DC 20005
Kirk M Warshaw officer: Chief Financial Officer C/O ADELPHIA HOLDINGS LLC, 545 MADISON AVE 6TH FLOOR, NEW YORK NY 10022
Arnold P Kling director, 10 percent owner, officer: President C/O ADELPHIA HOLDINGS LLC, 545 MADISON AVE 6TH FLOOR, NEW YORK NY 10022
R R Biotech Partners Llc 10 percent owner 330 MADISON AVENUE, NEW YORK NY 10017
Partners,llc Moyo 10 percent owner C/O ARNOLD KLING,ESQ, 444 EAST 86TH STREET # PHF, NEW YORK NY 10028