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American Software (American Software) Momentum Rank : 7 (As of Apr. 28, 2024)


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What is American Software Momentum Rank?

American Software has the Momentum Rank of 7.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.


Competitive Comparison of American Software's Momentum Rank

For the Software - Application subindustry, American Software's Momentum Rank, along with its competitors' market caps and Momentum Rank 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.


American Software's Momentum Rank Distribution in the Software Industry

For the Software industry and Technology sector, American Software's Momentum Rank distribution charts can be found below:

* The bar in red indicates where American Software's Momentum Rank falls into.



American Software Momentum Rank Related Terms

Thank you for viewing the detailed overview of American Software's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


American Software (American Software) Business Description

Traded in Other Exchanges
N/A
Address
470 East Paces Ferry Road. N.E., Atlanta, GA, USA, 30305
American Software Inc develops enterprise management and supply chain-related software and services. Its software and services bring business value to companies by supporting their operations over cloud-based Internet-architected solutions. The company's operating segments inlcude Supply Chain Management (SCM); Information Technology Consulting (IT Consulting) and Others. It generates maximum revenue from the Supply Chain Management segment. SCM segment provides collaborative supply chain solutions to streamline and optimize the production, distribution, and management of products between trading partners. Its solutions consist of global sourcing, workflow management, customer service applications, and ERP solutions.
Executives
Celena Matlock director 470 EAST PACES FERRY ROAD, NE, ATLANTA GA 30305
Yue Wu director 470 EAST PACES FERRY ROAD, NE, ATLANTA GA 30305
Bryan L. Sell officer: See Remarks 470 EAST PACES FERRY ROAD, ATLANTA GA 30305
Dennis Hogue director 470 EAST PACES FERRY ROAD, ATLANTA GA 30305
H Allan Dow officer: President
Vincent C Klinges officer: CFO
Matthew G Mckenna director 470 EAST PACES FERRY RD., ATLANTA GA 30305
James C Edenfield officer: Executive Chairman 470 E PACES FERRY RD, ATLANTA GA 30305
Lizanne Thomas director 1420 PEACHTREE STREET NE, SUITE 800, ATLANTA GA 30309
Newberry Thomas L V director
James R Mcguone officer: Secretary 470 EAST PACES FERRY RD, ATLANTA GA 30305
Miller James B Jr director C/O FIDELITY SOUTHERN CORPORATION, 3490 PIEDMONT ROAD #1550, ATLANTA GA 30305
J Michael Edenfield officer: Executive VP 470 E PACES FERRY RD, ATLANTA GA 30305
Valerie Paige King officer: General Counsel 470 E. PACES FERRY RD. NE, ATLANTA GA 30305
John Jarvis director C/O JOHN WILEY & SONS INC, 111 RIVER STREET, HOBOKEN NJ 07030