BlackBerry (BlackBerry) Momentum Rank : 4 (As of Apr. 27, 2024)

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What is BlackBerry Momentum Rank?

BlackBerry has the Momentum Rank of 4.

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 BlackBerry's Momentum Rank

For the Software - Infrastructure subindustry, BlackBerry'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.

BlackBerry's Momentum Rank Distribution in the Software Industry

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

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

BlackBerry Momentum Rank Related Terms

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

BlackBerry (BlackBerry) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » BlackBerry Ltd (NYSE:BB) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

BB:Mexico RI1:Germany RI1:Germany RI1:Germany BB:Canada BBRY:Argentina

Address

2200 University Avenue East, Waterloo, ON, CAN, N2K 0A7

Website

https://www.blackberry.com

BlackBerry, once known for being the world's largest smartphone manufacturer, is now exclusively a software provider with a stated goal of end-to-end secure communication for enterprises. The firm provides endpoint management and protection to enterprises, specializing in regulated industries like government, as well as embedded software to the automotive, medical, and industrial markets.

Executives

Marjorie Dickman	officer: Chief Gv Aff & Pub Pol Officer	C/O BLACKBERRY LIMITED, 2200 UNIVERSITY AVENUE EAST, WATERLOO A6 N2K 0A7
John Joseph Giamatteo	officer: President of Cyber Security
Mattias Eriksson	officer: President of IoT	C/O 2200 UNIVERSITY AVE EAST, WATERLOO A6 N2K OA7
Steve Rai	officer: Chief Financial Officer	C/O BLACKBERRY LIMITED, 2200 UNIVERSITY AVENUE EAST, WATERLOO A6 N2K 0A7
Philip S. Kurtz	officer: CLO & Corp. Secretary	C/O BLACKBERRY LIMITED, 2200 UNIVERSITY AVENUE EAST, WATERLOO A6 N2K 0A7
Nita C White-ivy	officer: EVP, Human Resources	5000 HACIENDA DR, DUBLIN CA 94568
John S Chen	director, officer: Executive Chairman & CEO	C/O SYBASE INC, 5000 HACIENDA DR, DUBLIN CA 92563
Mark George Wilson	officer: Chief Marketing Officer	C/O BLACKBERRY LIMITED, 2200 UNIVERSITY AVENUE EAST, WATERLOO A6 N2K 0A7
Billy Ho	officer: EVP, Ent. Products & VAS	5000 HACIENDA DR, DUBLIN CA 94568
Randall Cook	officer: CLO & Corp. Secretary	C/O BLACKBERRY LIMITED, 3001 BISHOP DRIVE, SUITE 400, SAN RAMON CA 10017
Thomas Eacobacci	officer: President, BlackBerry	C/O BLACKBERRY LIMITED, 2200 UNIVERSITY AVENUE EAST, WATERLOO Z4 A6 N2K 0A7
Steven M Capelli	officer: Chief Revenue Officer	3993 HOWARD HUGHES PARKWAY, SUITE 780, LAS VEGAS NV 89169
David Castignola	officer: Head of Spark Field Ops & Mktg	C/O BLACKBERRY LIMITED, 2200 UNIVERSITY AVENUE EAST, WATERLOO A6 N2K 0A7
Barbara Stymiest	director	C/O BLACKBERRY LIMITED, 2200 UNIVERSITY AVENUE EAST, WATERLOO A6 N2K 0A7
Second 1109 Holdco Ltd.	director, 10 percent owner	95 WELLINGTON ST W STE 800, TORONTO A6 M5J 2N7