What is E2open Parent Holdings 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 (2024-05-07), E2open Parent Holdings's 6-1 Month Momentum % is 36.39%.
The industry rank for E2open Parent Holdings's 6-1 Month Momentum % or its related term are showing as below:
ETWO's 6-1 Month Momentum % is ranked better than 78.34% of 2802
companies
in the Software industry
Industry Median: 3.015
vs ETWO: 36.39
Competitive Comparison of E2open Parent Holdings's 6-1 Month Momentum %
For the Software - Application subindustry, E2open Parent Holdings'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.
E2open Parent Holdings's 6-1 Month Momentum % Distribution in the Software Industry
For the Software industry and Technology sector, E2open Parent Holdings's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where E2open Parent Holdings's 6-1 Month Momentum % falls into.
* 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.
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.
E2open Parent Holdings 6-1 Month Momentum % Related Terms
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E2open Parent Holdings (E2open Parent Holdings) Business Description
E2open Parent Holdings Inc is an end-to-end and cloud-based supply chain management SaaS platform. The company's software combines networks, data, and applications to provide a deeply embedded, mission-critical platform that allows customers to optimize the supply chain across channel shaping, business planning, logistics, trade, manufacturing, and supply management. The Group has one reportable segment consisting of cloud-based, end-to-end SCM software. Geographically, it operates in the Americas, Europe, and Asia Pacific, out of which the majority is from the Americas.
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