Salesforce (Salesforce) 12-1 Month Momentum %

: 51.39% (As of Today)

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12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-04-19), Salesforce's 12-1 Month Momentum % is 51.39%.

The industry rank for Salesforce's 12-1 Month Momentum % or its related term are showing as below:

CRM's 12-1 Month Momentum % is ranked better than
84.88% of 2725 companies
in the Software industry
Industry Median: -5.73 vs CRM: 51.39

Competitive Comparison

For the Software - Application subindustry, Salesforce's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 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.

Salesforce 12-1 Month Momentum % Distribution

For the Software industry and Technology sector, Salesforce's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Salesforce's 12-1 Month Momentum % falls into.

Salesforce (NYSE:CRM) 12-1 Month Momentum % Calculation

12-1 Month Momentum % is calculated as following:

12-1 Month Momentum %

( Price 1-month ago

Price 12-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.

Salesforce (NYSE:CRM) 12-1 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 12-1 Month Momentum % measures the total return to a stock over the past twelve 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.

Salesforce 12-1 Month Momentum % Related Terms

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Salesforce (Salesforce) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Salesforce Inc (NYSE:CRM) » Definitions » 12-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

CRM:Peru CRM:Mexico CRM_KZ:Kazakhstan 1CRM:Italy FOOd:UK 0QYJ:UK FOO0:Germany FOO:Germany FOO:Germany FOO:Germany CRM:Canada SSFO34:Brazil CRM:Argentina

Address

415 Mission Street, 3rd Floor, Salesforce Tower, San Francisco, CA, USA, 94105

Website

https://www.salesforce.com

Salesforce Inc provides enterprise cloud computing solutions. The company offers customer relationship management technology that brings companies and customers together. Its Customer 360 platform helps the group to deliver a single source of truth, connecting customer data across systems, apps, and devices to help companies sell, service, market, and conduct commerce. It also offers Service Cloud for customer support, Marketing Cloud for digital marketing campaigns, Commerce Cloud as an e-commerce engine, the Salesforce Platform, which allows enterprises to build applications, and other solutions, such as MuleSoft for data integration.

Executives

Brian Millham	officer: President and COO	415 MISSION STREET, 3RD FLOOR, SAN FRANCISCO CA 90403
Sundeep G. Reddy	officer: EVP & Chief Accounting Officer	6555 NORTH STATE HWY 161, IRVING TX 75039
Srinivas Tallapragada	officer: President, Technology	THE LANDMARK AT ONE MARKET STREET, #300, SAN FRANCISCO CA 94105
Amy E Weaver	officer: EVP, General Counsel	THE LANDMARK @ ONE MARKET STREET #300, SAN FRANCISCO CA 94105
Parker Harris	director, officer: Co-Founder and CTO	THE LANDMARK @ ONE MARKET, SUITE 300, SAN FRANCISCO CA 94105
Marc Benioff	director, officer: Chairman of the Board & CEO	50 FREMONT STREET, SAN FRANCISCO CA 94105
Brent Hyder	officer: President/Chief People Officer	415 MISSION STREET, 3RD FLOOR, SAN FRANCISCO CA 94105
Miguel Milano	officer: President and CRO	415 MISSION ST, 3RD FLOOR, SAN FRANCISCO CA 94105
Sabastian Niles	officer: President and CLO	415 MISSION ST, 3RD FLOOR, SAN FRANCISCO CA 94105
Neelie Kroes	director	VAN BRONCKHORSTLAAN, 2242 PZ WASSENAAR, NETHERLANDS P8 99999
Valueact Capital Management, Llc	director, other: See Remarks	ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129
J. Mehra Sachin	director	HESS CORPORATION, 1185 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Arnold W Donald	director	C/O CARNIVAL CORPORATION, 3655 N.W. 87TH AVENUE, MIAMI FL 33178
G Mason Morfit	director, other: See Remarks	ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129
Valueact Holdings Ii, L.p.	director, other: See Remarks	ONE LETTERMAN DRIVE, BUILDING D, FOURTH FLOOR, SAN FRANCISCO CA 94129