Akamai Technologies (Akamai Technologies) Momentum Rank : 10 (As of Apr. 28, 2024)

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What is Akamai Technologies Momentum Rank?

Akamai Technologies has the Momentum Rank of 10.

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 Akamai Technologies's Momentum Rank

For the Software - Infrastructure subindustry, Akamai Technologies'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.

Akamai Technologies's Momentum Rank Distribution in the Software Industry

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

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

Akamai Technologies Momentum Rank Related Terms

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Akamai Technologies (Akamai Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Akamai Technologies Inc (NAS:AKAM) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

AK3:Germany AK3:Germany AK3:Germany A1KA34:Brazil

Address

145 Broadway, Cambridge, MA, USA, 02142

Website

https://www.akamai.com

Akamai operates a content delivery network, or CDN, which entails locating servers at the edges of networks so its customers, which store content on Akamai servers, can reach their own customers faster, more securely, and with better quality. Akamai has over 325,000 servers distributed over 4,100 points of presence in more than 1,000 cities worldwide. Its customers generally include media companies, which stream video content or make video games available for download, and other enterprises that run interactive or high-traffic websites, such as e-commerce firms and financial institutions. Akamai also has a significant security business, which is integrated with its core delivery and computing businesses to protect customers from cyberthreats.

Executives

Paul C Joseph	officer: EVP - Global Sales	C/O AKAMAI TECHNOLOGIES, INC., 145 BROADWAY, CAMBRIDGE MA 02142
Kim Salem-jackson	officer: EVP, Chief Marketing Officer	C/O AKAMAI TECHNOLOGIES, INC., 145 BROADWAY, CAMBRIDGE MA 02142
Aaron Ahola	officer: SVP & General Counsel	C/O AKAMAI TECHNOLOGIES, INC., 150 BROADWAY, CAMBRIDGE MA 02142
Robert Blumofe	officer: EVP Platform	C/O AKAMAI TECHNOLOGIES, INC., 8 CAMBRIDGE CENTER, CAMBRIDGE MA 02142
Madhu Ranganathan	director	760 MARKET STREET, 4TH FLOOR, SAN FRANCISCO CA 94102
Edward J Mcgowan	officer: Chief Financial Officer	C/O AKAMAI TECHNOLOGIES, INC., 150 BROADWAY, CAMBRIDGE MA 02142
Anthony P Williams	officer: EVP and CHRO	C/O AKAMAI TECHNOLOGIES, INC., 145 BROADWAY, CAMBRIDGE MA 02142
Adam Karon	officer: EVP & GM Media Division	C/O AKAMAI TECHNOLOGIES, INC., 150 BROADWAY, CAMBRIDGE MA 02142
Mani Sundaram	officer: EVP GSS and CIO	C/O AKAMAI TECHNOLOGIES, INC., 145 BROADWAY, CAMBRIDGE MA 02142
F Thomson Leighton	director, officer: Chief Scientist	500 TECHNOLOGY SQUARE, FIFTH FLOOR, CAMBRIDGE MA 02139
Verwaayen Bernardus Johannes Maria	director	55 GLENLAKE PARKWAY NE, ATLANTA GA 30328
Rick M Mcconnell	officer: EVP - Products and Development	LATITUDE, 2121 TASMAN DRIVE, SANTA CLARA CA 4089887256
Monte E Ford	director	C/O AKAMAI TECHNOLOGIES, INC., 8 CAMBRIDGE CENTER, CAMBRIDGE MA 02142
Laura Howell	officer: VP, Chief Accounting Officer	C/O AKAMAI TECHNOLOGIES, INC., 145 BROADWAY, CAMBRIDGE MA 02142
Jill A Greenthal	director	MARTHA STEWART LIVING OMNIMEDIA INC, 11 WEST 42ND STREET 25TH FLOOR, NEW YORK NY 10036