Asana (ASAN) 12-1 Month Momentum % : -29.50% (As of May. 24, 2024)

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What is Asana 12-1 Month Momentum %?

12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-05-24), Asana's 12-1 Month Momentum % is -29.50%.

The industry rank for Asana's 12-1 Month Momentum % or its related term are showing as below:

ASAN's 12-1 Month Momentum % is ranked worse than
71.67% of 2725 companies
in the Software industry
Industry Median: -6.67 vs ASAN: -29.50

Competitive Comparison of Asana's 12-1 Month Momentum %

For the Software - Application subindustry, Asana's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 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.

Asana's 12-1 Month Momentum % Distribution in the Software Industry

For the Software industry and Technology sector, Asana's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Asana's 12-1 Month Momentum % falls into.

Asana (NYSE:ASAN) 12-1 Month Momentum % Calculation

12-1 Month Momentum % is calculated as following:

12-1 Month Momentum %

( Price 1-month ago

Price 12-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.

Asana (NYSE:ASAN) 12-1 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 12-1 Month Momentum % measures the total return to a stock over the past twelve 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.

Asana 12-1 Month Momentum % Related Terms

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Asana (ASAN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Asana Inc (NYSE:ASAN) » Definitions » 12-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

A6N:Germany A6N:Germany

Address

633 Folsom Street, Suite 100, San Francisco, CA, USA, 94107

Website

https://www.asana.com

Asana is a provider of collaborative work management software delivered via a cloud-based SaaS model. The firm's solution offers scalable, dynamic tools to improve the efficiency of project and process management across countless use cases, including marketing programs, managing IT approvals, and performance management. Asana's offering supports workflow management across teams, provides real time visibility into projects, and reporting and automation capabilities. The firm generates revenue via software subscriptions on a per seat basis.

Executives

Tim M Wan	officer: Chief Financial Officer	C/O ASANA, INC., 633 FOLSOM STREET, SUITE 100, SAN FRANCISCO CA 94107
Eleanor B Lacey	officer: GC, Corporate Secretary	C/O ASANA, INC., 633 FOLSOM STREET, SUITE 100, SAN FRANCISCO CA 94107
Anne Raimondi	director	C/O ASANA, INC., 633 FOLSOM STREET, SUITE 100, SAN FRANCISCO CA 94107
Dustin A. Moskovitz	director, 10 percent owner, officer: President, CEO, & Chair	P.O. BOX 2929, SAN FRANCISCO CA 94126
Lorrie M Norrington	director	C/O EBAY INC., 2145 HAMILTON AVENUE, SAN JOSE CA 95125
Justin Rosenstein	director, 10 percent owner	C/O ASANA, INC., 633 FOLSOM STREET, SUITE 100, SAN FRANCISCO CA 94107
Krista Anderson-copperman	director	C/O ASANA, INC., 633 FOLSOM STREET, SUITE 100, SAN FRANCISCO CA 94107
Amit K. Singh	director	3000 TANNERY WAY, SANTA CLARA CA 95054
Chris Farinacci	officer: Chief Operating Officer	C/O ASANA, INC., 633 FOLSOM STREET, SUITE 100, SAN FRANCISCO CA 94107
Andrew Lindsay	director	C/O ASANA, INC., 633 FOLSOM STREET, SUITE 100, SAN FRANCISCO CA 94107
Steven M Spurlock	10 percent owner	2480 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
Benchmark Capital Management Co. Vi, L.l.c.	10 percent owner	2480 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
Generation Im Climate Solutions Fund Ii, L.p.	10 percent owner	PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Founders Fund Iv Management, Llc	10 percent owner	ONE LETTERMAN DRIVE, BUILDING D, SUITE 500, SAN FRANCISCO CA 94129
Matt Cohler	director, 10 percent owner	2480 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025