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Varonis Systems (Varonis Systems) 6-1 Month Momentum % : 35.13% (As of May. 06, 2024)


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What is Varonis Systems 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 (2024-05-06), Varonis Systems's 6-1 Month Momentum % is 35.13%.

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

VRNS's 6-1 Month Momentum % is ranked better than
81.08% of 2802 companies
in the Software industry
Industry Median: 3.015 vs VRNS: 35.13

Competitive Comparison of Varonis Systems's 6-1 Month Momentum %

For the Software - Infrastructure subindustry, Varonis Systems'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.


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

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

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



Varonis Systems  (NAS:VRNS) 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.


Varonis Systems  (NAS:VRNS) 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.


Varonis Systems 6-1 Month Momentum % Related Terms

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Varonis Systems (Varonis Systems) Business Description

Traded in Other Exchanges
Address
1250 Broadway, 29th Floor, New York, NY, USA, 10001
Varonis Systems is a cybersecurity vendor focused on data privacy and security. The firm is currently undergoing a cloud transition as it weans its on-premises customers over to its cloud products that are delivered as software-as-a-service. The New York-based firm was founded in 2004 and went public in 2014.
Executives
James O'boyle officer: SVP of Worldwide Sales C/O VARONIS SYSTEMS, INC., 1250 BROADWAY, 31ST FLOOR, NEW YORK NY 10001
David Bass officer: EVP Engineering & CTO 1250 BROADWAY 29TH FLOOR, NEW YORK NY 10001
Avrohom J. Kess director 385 WASHINGTON STREET, ST. PAUL MN 55102
Yakov Faitelson director, officer: CEO, President, Chairman C/O VARONIS SYSTEMS, INC., 1250 BROADWAY, 31ST FLOOR, NEW YORK NY 10001
Ofer Segev director NESS TOWER, ATIDIM HIGH-TECH INDUSTRIAL, PARK, BUILDING 4, TEL AVIV L3 61580
Guy Melamed officer: Chief Financial Officer 1250 BROADWAY, 29TH FLOOR, NEW YORK NY 10001
Dov Gottlieb officer: VP and General Counsel 1250 BROADWAY, 29TH FLOOR, NEW YORK NY 10001
Van Den Bosch Fred director 350 ELLIS STREET, MOUNTAIN VIEW CA 94043
Carlos Aued director 1250 BROADWAY, 29TH FLOOR, NEW YORK NY 10001
Gilad Raz officer: CIO & VP of Technical Services 1250 BROADWAY, 29TH FLOOR, NEW YORK NY 10001
Kevin E Comolli director, 10 percent owner C/O ACCEL, 500 UNIVERSITY AVE, PALO ALTO CA 94301
Thomas F Mendoza director 495 E. JAVA DRIVE, SUNNYVALE CA 94089
Rachel Prishkolnik director 1 HAMADA STREET, HERZILIYA PITUACH L3 4673335
Gili Iohan officer: Chief Financial Officer C/O VARONIS SYSTEMS, INC., 1250 BROADWAY, 31ST FLOOR, NEW YORK NY 10001
Rona Segev-gal director C/O PITANGO VENTURE CAPITAL FUND IV L.P., 540 COWPER ST., SUITE 200, PALO ALTO CA 94301

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