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Backblaze (Backblaze) Momentum Rank : 0 (As of Apr. 27, 2024)


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What is Backblaze Momentum Rank?

Backblaze has the Momentum Rank of 0.

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.


Backblaze Momentum Rank Related Terms

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Backblaze (Backblaze) Business Description

Traded in Other Exchanges
N/A
Address
500 Ben Franklin Ct, San Mateo, CA, USA, 94401
Backblaze Inc provides cloud storage services. The company offers services such as Backblaze B2 Cloud Storage which enables customers to store data, developers to build applications, and partners to expand their use cases. It is offered as a consumption-based Infrastructure-as-a-Service (IaaS) and serves use cases including backups, multi-cloud, application development, and ransomware protection and Backblaze Computer Backup automatically backs up data from laptops and desktops for businesses and individuals. Geographically, it derives a majority of revenue from the United States.
Executives
Tina Cessna officer: Senior VP, Engineering 500 BEN FRANKLIN CT., SAN MATEO CA 94401
Francis P Patchel officer: Chief Financial Officer 500 BEN FRANKLIN CT, SAN MATEO CA 94401
Investments Plc Tmt 10 percent owner 13 CASTLE STREET, ST. HELIER Y9 JE1 1ES
Gleb Budman director, 10 percent owner, officer: See Remarks 500 BEN FRANKLIN CT, SAN MATEO CA 94401
Timothy M Nufire director, 10 percent owner, officer: Chief Cloud Officer 500 BEN FRANKLIN CT, SAN MATEO CA 94401
Brian K Wilson director, 10 percent owner, officer: Chief Technology Officer 500 BEN FRANKLIN CT, SAN MATEO CA 94401
Charles J. Jones 10 percent owner 500 BEN FRANKLIN COURT, SAN MATEO CA 94401
Kwok Hang Ng 10 percent owner 500 BEN FRANKLIN COURT, SAN MATEO CA 94401
Clal Insurance Enterprises Holdings Ltd 10 percent owner 36 RAUL WALENBERG ST, TEL-AVIV L3 6136902
Whetstone Capital Advisors, Llc 10 percent owner 2001 SHAWNEE MISSION PARKWAY, SHAWNEE MISSION KS 66205
Jocelyn Carter-miller director 3698 NW 15TH STREET, LAUDERHILL FL 33311
An Evelyn D director 1301 NE 103RD STREET, MIAMI SHORES FL 33138
Earl E Fry director C/O INFORMATICA CORPORATION, 2100 SEAPORT BLVD., REDWOOD CITY CA 94063
Barbara H Nelson director C/O QUANTUM CORP, 501 SYCAORE DR, MILPITAS CA 95035

Backblaze (Backblaze) Headlines

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