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ON24 (ONTF) 6-1 Month Momentum %

: 7.94% (As of Today)
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6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-04-20), ON24's 6-1 Month Momentum % is 7.94%.

The industry rank for ON24's 6-1 Month Momentum % or its related term are showing as below:

ONTF's 6-1 Month Momentum % is ranked better than
55.59% of 2801 companies
in the Software industry
Industry Median: 3.8 vs ONTF: 7.94

Competitive Comparison

For the Software - Application subindustry, ON24'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.


ON24 6-1 Month Momentum % Distribution

For the Software industry and Technology sector, ON24's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where ON24's 6-1 Month Momentum % falls into.



ON24  (NYSE:ONTF) 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.


ON24  (NYSE:ONTF) 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.


ON24 6-1 Month Momentum % Related Terms

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ON24 (ONTF) Business Description

Industry
Traded in Other Exchanges
N/A
Address
50 Beale Street, 8th Floor, San Francisco, CA, USA, 94105
ON24 Inc provides a cloud-based digital experience platform that enables businesses to convert customer engagement into revenue through interactive webinar experiences, virtual event experiences, and multimedia content experiences. The company derives revenue from subscription agreements with customers for accessing the platform and related services. Geographically, it derives a majority of revenue from the United States.
Executives
Sharat Sharan director, 10 percent owner, officer: President and Chief Executive 3221 LA MESA DRIVE, SAN CARLOS CA 94070
Jayesh Sahasi officer: EV President, Product and CTO 934 LUNDY LN, LOS ALTOS CA 94024
Dominique Trempont director 5 RANDALL PLACE, MENLO PARK CA 94025
Steven Vattuone officer: Chief Financial Officer 139 TOWNSEND ST, SAN FRANCISCO CA 94107
James Blackie officer: Chief Revenue Officer 930 N WETHERLY DR #304, WEST HOLLYWOOD CA 90069
Teresa Anania director C/O ON24, INC., 50 BEALE STREET, 8TH FLOOR, SAN FRANCISCO CA 94015
Ronald Paul Mitchell director 110 W. KINZIE STREET, 5TH FL, CHICAGO IL 60654
Lynrock Lake Partners Llc 10 percent owner 2 INTERNATIONAL DRIVE, SUITE 130, RYE BROOK NY 10573
Lynrock Lake Lp 10 percent owner 2 INTERNATIONAL DRIVE, SUITE 130, RYE BROOK NY 10573
Cynthia Paul 10 percent owner C/O DSP GROUP, INC., 5 SHENKAR STREET, HERZELIA L3 4672505
Anil Arora director C/O YODLEE, INC., 3600 BRIDGE PARKWAY, 2ND FLOOR, REDWOOD CITY CA 94065
Anthony Zingale director C/O SERVICEMAX, INC., 4450 ROSEWOOD DR., #200, PLEASANTON CA 94588
Goldman Sachs Group Inc 10 percent owner 200 WEST STREET, NEW YORK NY 10282
Irwin Federman director, 10 percent owner 2735 SAND HILL ROAD, MENLO PARK CA 94025
Barry Zwarenstein director C/O IOMEGA CORP, 4435 EASTGATE MALL 3RD FLOOR, SAN DIEGO CA 92121