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GoDaddy (GoDaddy) Momentum Rank : 6 (As of May. 02, 2024)


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What is GoDaddy Momentum Rank?

GoDaddy has the Momentum Rank of 6.

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 GoDaddy's Momentum Rank

For the Software - Infrastructure subindustry, GoDaddy'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.

GoDaddy's Momentum Rank Distribution in the Software Industry

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

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


GoDaddy Momentum Rank Related Terms

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

GoDaddy (GoDaddy) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » GoDaddy Inc (NYSE:GDDY) » Definitions » Momentum Rank
Comparable Companies
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Traded in Other Exchanges
GDDY:Mexico 38D:Germany
Address
2155 E. GoDaddy Way, Tempe, AZ, USA, 85284
Website
https://www.godaddy.com
GoDaddy is a provider of domain registration and aftermarket services, website hosting, security, design, and business productivity tools, commerce solutions, and domain registry services. The company primarily targets micro- to small businesses, website design professionals, registrar peers, and domain investors. Since acquiring payment processing platform Poynt in 2021, the company has expanded into omnicommerce solutions, including offering an online payment gateway and offline point-of-sale devices.
Executives
Mark Mccaffrey officer: Chief Financial Officer C/O GODADDY INC., 2155 E. GODADDY WAY, TEMPE AZ 85284
Roger Chen officer: Chief Operating Officer C/O GODADDY INC., 2155 E. GODADDY WAY, TEMPE AZ 85284
Amanpal Singh Bhutani director, officer: Chief Executive Officer THE NEW YORK TIMES COMPANY, 620 EIGHTH AVENUE, NEW YORK NY 10018
Nick Daddario officer: Chief Accounting Officer C/O GODADDY INC., 2155 E. GODADDY WAY, TEMPE AZ 85284
Leah Sweet director C/O GODADDY INC., 2155 E. GODADDY WAY, TEMPE AZ 85284
Michele Lau officer: Chief Legal Officer C/O GODADDY INC., 2155 E. GODADDY WAY, TEMPE AZ 85284
Srinivas Tallapragada director THE LANDMARK AT ONE MARKET STREET, #300, SAN FRANCISCO CA 94105
Sigal Zarmi director 1501 YAMATO ROAD, BOCA RATON FL 33431
Charles J Robel director INFORMATICA CORPORATION, 2100 SEAPORT BLVD., REDWOOD CITY CA 94063
Nima Kelly officer: See Remarks C/O GODADDY INC., 14455 N. HAYDEN RD. #219, SCOTTSDALE AZ 85260
Winborne Raymond E Jr officer: Chief Financial Officer C/O GODADDY INC., 14455 N. HAYDEN RD. #219, SCOTTSDALE AZ 85050
Low Ah Kee Andrew officer: Chief Revenue Officer C/O GODADDY INC., 14455 N. HAYDEN RD., SCOTTSDALE AZ 85260
James M. Carroll officer: See Remarks C/O GODADDY INC., 14455 N. HAYDEN RD. #219, SCOTTSDALE AZ 85260
Brian Sharples director 1250 CAPITAL OF TX HWY, BLDG 2, PLAZA 1, AUSTIN TX 78746
Rebecca Morrow officer: Chief Accounting Officer C/O SNAP INC., 3000 31ST STREET, SANTA MONICA CA 90405