6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-04-27), AppFolio's 6-1 Month Momentum % is 40.70%.
The industry rank for AppFolio's 6-1 Month Momentum % or its related term are showing as below:
APPF's 6-1 Month Momentum % is ranked better than 80.65% of 2801
companies
in the Software industry
Industry Median: 7.15
vs APPF: 40.70
Competitive Comparison of AppFolio's 6-1 Month Momentum %
For the Software - Application subindustry, AppFolio'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.
AppFolio's 6-1 Month Momentum % Distribution in the Software Industry
For the Software industry and Technology sector, AppFolio's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where AppFolio'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.
AppFolio 6-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of AppFolio's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
AppFolio Inc is a provider of cloud-based software solutions for small and medium-sized businesses (SMBs) in the property management and legal industries. Its property management software provides small and medium-sized property managers with an end-to-end solution to their business needs. Its products include cloud-based property management software (Appfolio Property Manager); a cloud-based software solution for real estate investment managers that provides tools and services designed to manage investor relationships (Appfolio Investment Management). It also offers value-added services, such as Website design and electronic payment services. The business activity of the firm primarily functions through the United States and it derives revenue from the source of subscription fees.
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