Appian (Appian) Momentum Rank : 7 (As of Apr. 27, 2024)

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What is Appian Momentum Rank?

Appian 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 Appian's Momentum Rank

For the Software - Infrastructure subindustry, Appian'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.

Appian's Momentum Rank Distribution in the Software Industry

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

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

Appian Momentum Rank Related Terms

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Appian (Appian) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Appian Corp (NAS:APPN) » Definitions » Momentum Rank

Comparable Companies

DAVA RPD STNE MQ FLYW FOUR PAGS VRNS BOX ACIW MSFT ORCL ADBE PANW SNPS VMW FTNT CRWD PLTR SPLK

Traded in Other Exchanges

910:Germany 910:Germany

Address

7950 Jones Branch Drive, McLean, VA, USA, 22102

Website

https://www.appian.com

Appian is a low-code enterprise platform-as-a-service company focusing on business process management. The Appian platform is an integrated automation platform providing tools for organizations to design, automate, and optimize end-to-end processes and complex business operations. Capabilities include case management, robotic process automation, artificial intelligence, data fabric, and process mining. Most of Appian's revenue is subscription based with the remainder from services, with much of its subscription revenue being derived from its cloud-based platform, Appian Cloud.

Executives

Abdiel Qualified Master Fund Lp	10 percent owner	90 PARK AVENUE, 29TH FLOOR, NEW YORK NY 10016
Christopher M Jones	officer: Chief Revenue Officer	935 STEWART DR, SUNNYVALE CA 94085
Mark Matheos	officer: Chief Accounting Officer	7950 JONES BRANCH DRIVE, MCLEAN VA 22102
Christopher Winters	officer: General Counsel	11955 DEMOCRACY DRIVE, SUITE 1700, RESTON VA 20190
Abdiel Partners, Llc	10 percent owner	C/O ABDIEL CAPITAL, 90 PARK AVENUE, FLOOR 29, NEW YORK NY 10016
Shirley Ann Edwards	director	7950 JONES BRANCH DRIVE, MCLEAN VA 22102
Mark Steven Lynch	officer: Chief Financial Officer	11955 DEMOCRACY DRIVE, SUITE 1700, RESTON VA 20190
Pavel Zamudio-ramirez	officer: Chief Customer Officer	7950 JONES BRANCH DRIVE, MCLEAN VA 22102
Robert Charles Kramer	director, officer: General Manager	11955 DEMOCRACY DRIVE, SUITE 1700, RESTON VA 20190
William D. Mccarthy	director	3111 CORONADO DRIVE, C/O INFOBLOX INC., SANTA CLARA CA 95054
Eric Calvin Cross	officer: Chief Revenue Officer	C/O APPIAN CORPORATION, 7950 JONES BRANCH DRIVE, TYSONS VA 22102
Biddle Albert G.w. Iii	director, 10 percent owner	11955 DEMOCRACY DRIVE, SUITE 1700, RESTON VA 20190
Michael G Devine	director	6480 DOBBIN ROAD, COLUMBIA MD 21045
Prashanth Boccassam	director	11955 DEMOCRACY DRIVE, SUITE 1700, RESTON VA 20190
Michael J. Mulligan	director	11955 DEMOCRACY DRIVE, SUITE 1700, RESTON VA 20190